In Re Franklin Mutual Funds Fee Litigation
District Court, D. New Jersey
1Opinion of the Court
OPINION
MARTINI, District Judge.
This matter comes before the Court on Defendants’ motion to dismiss Plaintiffs’ Second Amended Derivative Complaint for failure to state a claim under Federal Rule of Civil Procedure 12(b)(6). For the following reasons, Defendants’ motion is GRANTED and Plaintiffs’ Second Amended Derivative Complaint is DISMISSED WITH PREJUDICE.
BACKGROUND
For purposes of the present motion, it is necessary to provide some background regarding this matter. On October 4, 2004, three shareholders of three Franklin and Templeton mutual funds filed a Consolidated Amended Complaint…
2Cases cited24 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Daily Income Fund, Inc. v. FoxSupreme Court of the United States · 1984
- Trump Hotels & Casino Resorts, Inc. v. Mirage Resorts Inc.Court of Appeals for the Third Circuit · 1998
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