Legal Opinion
Sheldon Krantz v. Prudential Investments Fund Management LLC Prudential Investment Management Services LLC
Court of Appeals for the Third Circuit
Decided August 30, 2002No. 02-1266PublishedCited by 119 opinions
1Opinion of the Court
OPINION OF THE COURT
2Per curiam
Plaintiff, a shareholder in the Prudential Jennison' Growth Fund (the “Fund”), brought this action pursuant to § 36(b) of the Investment Company Act of 1940, as amended (the “ICA”), 15 U.S.C. § 80a-35(b), against Prudential Investment Fund Management LLC, the investment adviser to the Fund (the “adviser”), and Prudential Investment Management Services LLC (collectively, “Prudential”). 1 Plaintiff alleged that the investment advisers received excessive compensation in breach of their “fiduciary duty with respect to compensation” set forth in § 36(b) of the ICA, 15 U.S.C. §…
3Cases cited8 opinions
- Stanford Shane Otis Terrell Robert Stewart v. William Fauver, Commissioner James Barbo, Administrator Rogers, Chief Director of CustodyCourt of Appeals for the Third Circuit · 2000
- Nami v. FauverCourt of Appeals for the Third Circuit · 1996
- Elizabeth J. Arnold Lake Justin Wilson Lake, Husband and Wife v. Frederick S. Arnold Audrey L. Arnold, Husband and Wife Daniel M. Friday M.D. Tyrone Hospital Ralph W. Crawford M.DCourt of Appeals for the Third Circuit · 2000
- Jose Rolo v. City Investing Company Liquidating TrustCourt of Appeals for the First Circuit · 1998
- Langford v. City Of Atlantic CityCourt of Appeals for the Third Circuit · 2000
3 more not listed; retrieve them via the Exa API.
4Cited by119 opinions
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- California Public Employees' Retirement System v. The Chubb CorporationCourt of Appeals for the Third Circuit · 2004
- Lionel Amron, Chana Yampolsky, and David Yampolsky v. Morgan Stanley Investment Advisors Inc. And Morgan Stanley Distributors Inc.Court of Appeals for the Second Circuit · 2006
- Jones v. Harris Associates L. P.Supreme Court of the United States · 2010
114 more not listed; retrieve them via the Exa API.