Legal Opinion
In Re Mutual Funds Investment Litigation
District Court, D. Maryland
Decided August 25, 2005No. MDL-1586. Civ. No. 04-MD-15863PublishedCited by 47 opinions
1Opinion of the Court
INVESTOR CLASS OPINION
MOTZ, District Judge.
This MDL proceeding encompasses actions arising from late trading and market timing in the mutual funds industry. 1 Class investor actions and derivative actions brought on behalf of affected mutual funds have been filed against three types of defendants: the funds’ investment advisers, traders who allegedly engaged in late traded or market timed transactions, and broker/dealers who facilitated the transactions. In the fund derivative actions, the fund’s trustees/directors have also been named as defendants. 2
Three judges have been appointed by the…
2Cases cited58 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Exxon Mobil Corp. v. Allapattah Services, Inc.Supreme Court of the United States · 2005
- Alexander v. SandovalSupreme Court of the United States · 2001
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
53 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- In Re Countrywide Financial Corporation Securities LitigationDistrict Court, C.D. California · 2008
- In Re Enron Corp. SecuritiesDistrict Court, S.D. Texas · 2006
- In Re Salomon Smith Barney Mutual Fund Fees LitigationDistrict Court, S.D. New York · 2006
- In Re Mutual Funds Investment LitigationCourt of Appeals for the Fourth Circuit · 2009
- Potter v. Janus Investment FundDistrict Court, S.D. Illinois · 2007
42 more not listed; retrieve them via the Exa API.