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Full-Text Articles in Securities Law
Better Go It Alone: An Extension Of Fiduciary Duties For Investment Fund Managers In Securities Class Action Opt-Outs, Brian J. Shea
Better Go It Alone: An Extension Of Fiduciary Duties For Investment Fund Managers In Securities Class Action Opt-Outs, Brian J. Shea
William & Mary Business Law Review
Securities class actions provide a vehicle for plaintiffs to recover billions of dollars in settlement awards. Given the prevalence of institutional investors in the market for publicly traded securities, it is no surprise that large investment funds are often implicated as lead plaintiffs in securities class actions. Despite having recoverable claims in many of these settlements, these investment funds often fail to participate in the action on behalf of their beneficiaries (their investors). Some scholars argue that fund managers have a fiduciary obligation to participate in claim filing and monitoring processes in an effort to recover settlement awards and to …
Removal Of Covered Class Actions Under Slusa: The Failure Of Plain Meaning And Legislative Intent As Interpretative Devices, And The Supreme Court's Decisive Solution, J. Tyler Butts
William & Mary Business Law Review
No abstract provided.