Fidelity Charitable President Defends Share Liquidation

By David van den Berg · October 27, 2020, 6:39 PM EDT

A Fidelity-affiliated donor-advised fund sponsor acted properly when it liquidated stock donated by California philanthropists, the organization's president testified Tuesday in a trial over their allegations that their donation was mismanaged....

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Documents

Case Information

Case Title

Fairbairn et al v. Fidelity Investments Charitable Gift Fund

Case Number

3:18-cv-04881

Court

California Northern

Nature of Suit

Other Fraud

Date Filed

August 10, 2018