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AXA Funds' LID: Adviser fees are 'fair,' 'reasonable'


The lead independent director for AXA's EQ Advisors Trust has taken the stand in the Sivolella v. AXA Equitable Life Insurance Co. excessive fees case, testifying that the fees paid by investors in the 12 at-issue funds are "fair and reasonable" as determined by extensive and thorough consideration by the fund ... Log in to view full article.