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Plaintiffs appeal Great-West 36(b) verdict, defendant seeks $1.5m in legal fees


The plaintiffs in an excessive fees case against Great-West Capital Management have appealed a Colorado judge's August ruling in favor of the defendant. Obeslo v. Great-West Capital Mgmt., LLC—a manager-of-managers case in which plaintiffs alleged the adviser delegates all of its responsibilities to sub-advisers and therefore its portion of the fee ... Log in to view full article.