Try our Advanced Search for more refined results

Expert Analysis

The State Of Section 36(b) Litigation

Law360 (June 1, 2009, 12:00 AM EDT) -- In its long-awaited decision in Gallus v. Ameriprise Financial Inc.,[1] the U.S. Court of Appeals for the Eighth Circuit adhered to the established standard for claims for breach of fiduciary duty under Section 36(b) of the Investment Company Act of 1940 set in Gartenberg v. Merrill Lynch Asset Mgmt. Inc.,[2] but with important departures that could encourage more investor litigation pursuant to that often-tried but never successful cause of action....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!