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Congressman reintroduces bill to curtail 36(b) lawsuits


U.S. Rep. Tom Emmer (R-Minn.) has picked up his fight against what he calls "frivolous lawsuits" against mutual fund firms by reintroducing legislation in the 116th Congress that would make it more difficult for the plaintiffs' bar to bring excessive fees cases claiming violations of Section 36(b) of the Investment Company ... Log in to view full article.