Emerson et al v. Mutual Fund Series Trust et al

  1. March 11, 2020

    Mutual Fund Settles Already-Tossed Investor Suit For $3.3M

    A mutual fund that beat class action securities claims last year has nonetheless agreed to pay investors $3.3 million to settle the claims once and for all, according to an order in New York federal court on Tuesday.

  2. June 25, 2019

    Mutual Fund Provided Ample Risk Disclosures, Judge Says

    A New York federal judge on Tuesday dismissed a proposed class action alleging a mutual fund falsely advertised itself as a stable investment, finding the fund had adequately warned investors of potential risks.

  3. June 06, 2018

    Fund Heads Seek Toss Of Investors' Suit Over S&P 500 Short

    The leaders behind a hedge fund-turned-mutual fund on Tuesday asked a New York federal judge to dismiss an investor suit claiming the fund was disguised as "low-risk" without revealing that it had shorted the Standard & Poor's 500 for an eventual $600 million loss, saying they never misrepresented its investment strategy.

  4. May 01, 2017

    Fund Hid S&P 500 Short That Cost $600M, Suit Says

    The leadership behind a hedge-fund-turned-mutual-fund improperly billed it as a low-risk investment without revealing it had shorted the Standard & Poor's 500, which led to a $600 million loss, according to a proposed investor class action filed in New York federal court Friday.

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!