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MetWest 36(b) decision affirmed by Ninth Circuit

09/18/2020

The Ninth Circuit Court of Appeals has affirmed a lower court's decision in favor of defendant Metropolitan West Asset Management, which had been accused of violating Section 36(b) of the Investment Company Act of 1940. In Kennis v. Metro. West Asset Magmt., LLC, filed in 2015, the plaintiff claimed MetWest had ... Log in to view full article.

 


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