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Appeals court rules for Great-West, resolving final 36(b) case


An appeals court has affirmed a ruling in favor of the defendant in Obeslo v. Great-West Capital Mgmt., LLC, ending the last of more than two dozen lawsuits filed since 2010 that alleged violations by mutual fund companies of Section 36(b) of the Investment Company Act of 1940. Still unresolved is ... Log in to view full article.