Partners Robert Liubicic, Sean Murphy and Lisa Northrup author article in The Review of Securities and Commodities Regulations
In a new article published in The Review of Securities & Commodities Regulation, Litigation & Arbitration partners Robert Liubicic and Sean Murphy and associate Lisa Northrup describe securities class actions concerning mutual funds as “relatively sparse” and “often divergent.” They discuss the Securities and Exchange Act cases focusing on three prominent issues: loss causation and the measure of a mutual fund’s value; control person liability and the distinction between a mutual fund and its investment adviser; and reliance.
Read the full article: Mutual Funds and Securities Class Actions: A Square Peg in a Round Hole
