Kamen v. Kemper Financial Services, Inc.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
NORDBERG, District Judge.
The plaintiff, Jill Kamen, is a shareholder in Cash Equivalent Fund, Inc. (“the Fund”), a money market mutual fund managed and administered by Kemper Financial Services, Inc. (“KFS”). Plaintiff instituted this shareholder’s derivative action pursuant to the Investment Company Act of 1940, 15 U.S.C. § 80a-l et seq. (“ICA” or “the Act”), challenging the fees charged by KFS for managing and administering the Fund. She alleges that KFS solicited a misleading proxy in violation of § 20(a) of the Act, 15 U.S.C. § 80a-20(a), and that KFS’…
2Cases cited45 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Dairy Queen, Inc. v. WoodSupreme Court of the United States · 1962
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3Cited by8 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Elgin v. Alfa Corp.Supreme Court of Alabama · 1992
- Jill S. Kamen v. Kemper Financial Services, Inc., and Cash Equivalent FundCourt of Appeals for the Seventh Circuit · 1990
- Shields on Behalf of Sundstrand Corp. v. EricksonDistrict Court, N.D. Illinois · 1989
- Duplass, Zwain, Bourgeois, Pfister & Weinstock APLC 401(K) Plan v. Great-West Capital Manangement, LLCDistrict Court, D. Colorado · 2020
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