Will the Supreme Court change the way mutual fund fee lawsuits are decided? The
Wall Street Journal's Sam Mamudi
takes on that question in the Thursday Fund Track column. A version of Mamudi's piece first appeared in the Journal's sister publication,
MarketWatch
on Tuesday evening.
The Supreme Court revealed on March 9 that it would hear the appeal (see
MFWire, 3/9/2009). The case is Jerry N. Jones et al v.
Harris Associates L.P. (Harris advises the
Oakmark Funds.)
Mamudi turns to Chicago-Kent College of Law assistant professor
William Birdthistle, Morningstar fund analyst
Ryan Leggio and Paul, Hastings, Janofsky & Walker fund attorney
Mike Rosella for thoughts on the case's implications. 
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