The Loss Causation Loophole
(The10b-5Daily) An interesting issue, which has generated a district court split, is whether securities class actions can be brought against a mutual fund based on misstatements about the fund's investment objective and holdings. Mutual funds have argued that it is
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updated 8888 (The 10b-5 Daily), inserted 4, updated 0, at 2012-05-29 20:02:14
