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FOX v. BLACKROCK ADVISORS, LLC et al
Case Number:
3:14-cv-02097
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
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June 17, 2014
The 3 Cases Every Asset Manager Should Be Watching
U.S. courts are currently delving into several legal issues that stand to reshape asset management from all sides, including challenges to management fees for funds with subadvisers, a battle over share appraisal as an investment strategy and questions concerning the statute of limitations for class actions.
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April 04, 2014
BlackRock Fees On $30B Fund 'Excessive,' Investor Says
An affiliate of private equity firm BlackRock Inc. was slapped with a derivative suit that accuses, on behalf of a $30.3 billion equity dividend fund, the investment management unit of pummeling the fund with "improper and excessive" fees, according to documents filed Thursday in New Jersey federal court.