Jones v. Harris Blog Symposium

The Conglomerate is hosting an interesting blog symposium about Jones v. Harris, a Supreme Court case argued today. The Question Presented:

Whether a shareholder’s claim that the fund’s investment adviser breached its fiduciary duty by charging an excessive fee – more than twice the fee it charged to funds with which it was not affiliated – is cognizable under § 36(b) [of the Investment Company Act of 1940], even if the shareholder does not show that the adviser misled the fund’s directors who approved the fee.

Head to the Glom and start scrolling if you’re interested in learning more.