Companies Mentioned

RiverSource Balanced Fund F.k.a. AXP Mutual Fund

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Commentaries
Securities Law

Gallus v. Ameriprise Financial: Deepening the Circuit Split on the Standard of Review on Fund Advisor Fees
The Eighth Circuit’s enhanced interpretation of Gartenberg cuts the divide among circuit courts even deeper on the issue of a court’s proper analysis of mutual fund advisory fees under Section 36(b). In John E. Gallus v. Ameriprise Financial, 561 F.3d 816 (8th Cir. 2009), the Court upheld the Gartenberg analysis,…
Posted:
07/30/2009