Lanotte v. Highland Capital Management Fund Advisors LP et al

Track this case

Case Number:

3:18-cv-02360

Court:

Texas Northern

Nature of Suit:

Contract: Stockholders' Suits

Multi Party Litigation:

Class Action, Derivative Litigation

Judge:

Barbara M. G. Lynn

Firms

Companies

Sectors & Industries:

  1. December 18, 2018

    Highland Capital Says Mutual Fund Suit Meritless

    Highland Capital Management Fund Advisors LLP asked a Texas federal court Monday to toss a proposed shareholder class action, saying a committee of trustees had conducted an investigation into claims that an energy-based mutual fund was improperly propped up and found no wrongdoing.

  2. September 06, 2018

    Highland Hit With Derivative Suit Over Fund Share Purchases

    The Highland Global Allocation Fund was hit with a derivative shareholder class action in Texas federal court Wednesday for allegedly breaching its fiduciary duty to investors by allowing its manager to buy shares in a different Highland mutual fund so that it could "save the failing fund from oblivion."