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Corporate & Securities Law

: FinancialCounsel

Court Ruling Strikes Down Exercise Of Self-Governance By Schwab YieldPlus Mutual Fund

By James Eccleston

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Recently, a California federal district court judge granted a summary judgment motion filed by plaintiffs in class action litigation relating to the Schwab YieldPlus mutual fund.  The decision is notable because it focuses on mutual fund governance - not the more typical disclosure issues.  Let's highlight the important aspects of the decision.

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Full post as published by FinancialCounsel on May 20, 2010 (boomark / email).

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