Extending the fund industry's losing streak, the court denied Harbor's motion to dismiss excessive fee litigation regarding the subadvised International Fund: «Although it is far from clear that Zehrer [the plaintiff - shareholder] will be able to meet the high standard for liability under § 36 (b), he has alleged
sufficient facts specific to the fees paid to Harbor Capital to survive a motion to dismiss.»
Not exact matches
As usual, we need not make
specific interest rate forecasts - the
fact that prevailing valuations and market action are unfavorable is
sufficient to hold the Strategic Total Return Fund to a relatively muted duration of about 2 years, largely in Treasury inflation - protected securities.
In
fact, many
specific tasks that have a
sufficient degree of repetition can already be automated, as the advent of robot lawyers and legal chatbots has proven.
Disputing a mark or proposing that a professor is incompetent is not normally
sufficient to provide a civil cause of action.To establish that a university has breached its duty of care,
specific facts must be plead to demonstrate conduct clearly falling outside the broad discretion afforded to universities and professors.