Top of the Agenda - Legal

Vedder Price adds Bateman, Vargo to DC office

Maguerite Bateman and Kimberly Karcewski Vargo joined Vedder Price earlier this month from Schiff Hardin. Both are shareholders in the Investment Services Group in Vedder Price's Washington, D.C., office, where now 50% of all shareholders are female and 48% of all attorneys are female.

Bateman led the Financial Markets and Products ... >> CONTINUE READING <<<

Q&A: Mutual funds as plaintiffs in shareholder litigation

Multiple factors come into play when a mutual fund is faced with deciding whether to become an active plaintiff in shareholder litigation. Pros and cons need to be weighed, and potential benefits to the parties involved need to be quantified. After sharing an article on FBV written by two university ... >> CONTINUE READING <<<

Louizos joins Blank Rome to co-head, help grow IM group

By Hillary Jackson

Mutual fund industry lawyer Stacy Louizos joined Blank Rome LLP this week as co-head of the New York firm's Investment Management Group and a partner in the Corporate, M&A, and Securities Group. She will work closely with Thomas Westle, partner and co-head of IM, to grow the practice. A more ... >> CONTINUE READING <<<

Calamos judge: Claims rejected, witness credibility questioned

By Hillary Jackson

In a detailed opinion released this week, a New York judge has explained why he dismissed an excessive fees case against Calamos Advisors. Judge Edgardo Ramos, of the Southern District of New York, rejected the plaintiff's claims and the credibility of expert witnesses who testified for the plaintiff while commending ... >> CONTINUE READING <<<

Goodwin IM Practice founder O'Dell passes away

The founder of Goodwin Procter's Investment Management Practice, Edward O'Dell, has passed away at 83. O'Dell joined Goodwin in 1966, was named partner in 1970, and retired in 2000. "He will be missed," the firm said in a release.

O'Dell, who died Monday, was a graduate of Brown University and University of ... >> CONTINUE READING <<<

Calamos wins 36(b) case

By Hillary Jackson

A Southern District of New York judge has found in favor of defendant Calamos Advisors in a case that claimed the mutual fund firm had breached its fiduciary duty under Section 36(b) of the Investment Company Act of 1940. The decision comes nearly a year after the case was argued ... >> CONTINUE READING <<<