Ulferts v. Franklin Resources, Inc.

OPINION

WILLIAM J. MARTINI, District Judge.

Plaintiff files a motion for reconsideration or alternatively for leave to file an amended complaint. Plaintiff (a shareholder in several mutual funds) asks the Court to reconsider its previous ruling that Defendants (the funds’ manager, distributor, and parent corporation) had no duty to disclose certain financial arrangements called “shelf-space” arrangements to the funds’ shareholders. The Court reaffirms that Defendants had no such duty of disclosure. Accordingly, Plaintiffs motions are DENIED.

I. FACTS AND PROCEEDINGS

This litigation pertains to…