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T. Rowe case dismissal all but ends 36(b) litigation


The dismissal last week of an excessive fees case against T. Rowe Price Associates effectively ends the plaintiffs' bar's years-long campaign to prove mutual fund firms routinely overcharge their shareholders. The collecting of so-called excessive fees, as alleged in nearly 30 cases filed against fund firms between 2010 and 2018, would ... Log in to view full article.