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Saba v. Nuveen: Adviser, fund board fight for control share amendment

03/18/2022

Five Nuveen Investments closed-end funds and the board members who oversee them are fighting a lawsuit that alleges the funds' adoption of a control share bylaw amendment violated the Investment Company Act of 1940. A federal judge granted summary judgment to plaintiffs Saba Capital Management and an affiliate in February, finding ... Log in to view full article.

 


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