Legal Opinion
Brever v. Federated Equity Management Co.
District Court, W.D. Pennsylvania
Decided November 7, 2005No. 2:04CV855PublishedCited by 4 opinions
1Opinion of the Court
OPINION
CERCONE, District Judge.
Randall Brever (“Brever”) commenced this action on February 25, 2004, by filing a complaint in the Middle District of Florida asserting claims against defendants pursuant to §§ 36(b) and 12(b) of the Investment Company Act of 1940 (“ICA”), as amended, 15 U.S.C. §§ 80a-35(b) and 80a-12(b). The gravamen of the complaint is that defendants charged excessive fees and retained compensation for advisory services rendered without appropriate reduction for economies of scale in violation of the fiduciary duty owed to the Federated Kaufmann Fund (“Kaufmann”) and its…
2Cases cited17 opinions
- Sherry J. Oshiver v. Levin, Fishbein, Sedran & BermanCourt of Appeals for the Third Circuit · 1994
- Joseph F. Cada v. Baxter Healthcare CorporationCourt of Appeals for the Seventh Circuit · 1991
- Burks v. LaskerSupreme Court of the United States · 1979
- 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
- Daily Income Fund, Inc. v. FoxSupreme Court of the United States · 1984
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3Cited by4 opinions
- Danielle Santomenno v. John Hancock Life Insurance CoCourt of Appeals for the Third Circuit · 2012
- In Re Franklin Mutual Funds Fee LitigationDistrict Court, D. New Jersey · 2007
- Forsythe v. Sun Life Financial, Inc.District Court, D. Massachusetts · 2007
- Danielle Santomenno v. John Hancock Life Insurance CoCourt of Appeals for the Third Circuit · 2012