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SANFORD et al v. AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC
Case Number:
3:13-cv-00312
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 26, 2016
AXA Investor Fees Didn't Breach Fiduciary Duty, Judge Says
AXA Equitable Life Insurance Co. beat two consolidated class actions challenging its allegedly excessive mutual fund management fees Friday when a New Jersey federal judge found the investors' effort to prove the board members exercised poor oversight over the fees was marred by questionable testimony.
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January 26, 2015
AXA Says Trustee Approval Trumps Investors' Fee Gripe
Investors suing AXA Equitable Funds Management Group LLC can't prove its investment management fees were unfair because they were approved by independent trustees on mutual fund boards, the asset management firm told a New Jersey federal judge Friday.
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January 17, 2013
AXA Unit Sued Over Gouging On Management Fees
Investors in funds managed by AXA Equitable Funds Management Group LLC hit the company Tuesday with a derivative action in New Jersey federal court alleging the investment management fees AXA charges aren't justified by the services it renders.