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Plaintiffs face 'uphill battle' in BlackRock 36(b) case


The summary judgment ruling in an excessive fees case against BlackRock earlier this month is a win for mutual fund boards, even if it means another 36(b) case will go to trial, industry lawyers told Fund Board Views. U.S. District Court Judge Freda Wolfson said in her redacted opinion that the court ... Log in to view full article.