Single Stock Fund Litigation
Sponsors take steps to reduce company-stock litigation risk
The Supreme Court said a fiduciary cannot violate securities laws in managing a company-stock fund in a DC plan. It also said that fiduciaries' ...
The Law and Economics of Company Stock in 401(k) Plans
... stock fund with many different stocks? ... It is also hard to see how any legal definition of prudence can accommodate a concentrated position in a single stock—.
What You Need to Know About Third Party Litigation Funding - ILR
Third party litigation funding (TPLF) allows hedge funds and other financiers to invest in lawsuits in exchange for a percentage of any ...
Where ERISA Litigation is Headed and How to Protect Your Plan
... fund families, less expensive fund types or even types of funds were available. ... After the shift from company stock litigation to excessive fees, one has to ...
A federal securities class action is a court action filed on behalf of a ... Instead of each shareholder bringing an individual lawsuit, one or more shareholders
BlackRock 401(k) Retirement Plan Litigation - Cohen Milstein
As a result of this corporate self-dealing, plan participants paid BlackRock excessive securities lending fees for investments in risky securities. This suit ...
Any person that is a United States Person (as defined in Regulation S of the Securities Act) is not eligible to invest in shares of such investment funds which ...
Notable Cases | ISS - Institutional Shareholder Services
On May 4, 2018, Wells Fargo announced a $480 million payout to settle the securities class action lawsuit arising from its sales scandal related to the creation ...
Investment Funds Litigation | Akin Gump Strauss Hauer & Feld LLP
Many on the Akin team have held enforcement or investigative roles within the Department of Justice (DOJ), Securities and Exchange Commission (SEC), Commodity ...
ESOP and 401(k) Plan Employer Stock Litigation Review 1990-2024
The cases are organized by issue, so cases that involve multiple issues appear in more than one section. Fifteen ESOP cases, all but one in private companies, ...
Direxion Launches NFLX & TSM Single Stock Leveraged & Inverse ...
The Funds will lose money if the underlying stock's performance is flat, and it is possible that the Bull Fund will lose money even if the ...
PLAN SPONSOR UPDATE - Northern Trust
One challenge presented by legacy stock is that there is litigation risk no ... performance of, e.g., a diversified mutual fund, there is a greater risk that.
Percentage of Equity Mutual Fund. Assets in Index Funds, 2001-2016 ... ERISA Litigation Tracker as "Employer stock investment losses ...
ERISA Litigation - Butterfield Schechter LLP
Stock bonus plans generally provide contributions based on investments in the employer's stock. ... In other cases, an individual may file a claim for breach of ...
Litigation Funding: A multibillion-dollar industry for investments in ...
A litigation funder will pay for their court battle. In essence: they're betting on the lawsuit the way traders bet on stocks. If it's ...
Litigation Risks Posed by “Greenwashing” Claims for ESG Funds
From a securities liability perspective, it would be challenging for a shareholder-plaintiff to plausibly allege—at least based on typical fund ...
A&O Shearman | Securities Litigation Blog
The Court held that plaintiff failed to identify a single actionable ... Southern District Of Florida Dismisses Securities Fraud Claim Against Equity Fund ...
What Is Insider Trading and When Is It Legal? - Investopedia
A prohibition on overlapping Rule 10b5-1 trading arrangements for open market trades in the same class of securities. A limit on single-trade ...
Investors are Paying Attention to Class Action Settlements. Are Their ...
Beyond ESG and financial gains potential, investment advisers are recognizing what engaged institutional investors like pension funds have long known: ...
Shareholder Litigation - Maynard Nexsen
Representation of individual defendant in action alleging securities fraud in oil and gas investment program. A defense verdict was obtained for our client ...