MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, February 23, 2010 Supreme Court Deals a Blow to Pimco The Supreme Court on Monday tossed out Pimco's appeal of a July ruling that affirmed class-action status to a lawsuit involving Treasury notes, InvestmentNews reports. A Pimco representative declined to comment to the pub. The complaint, originally filed in 2005, accused Pimco of illegally manipulating the futures market for some 10-year Treasury notes. Last July, the U.S. Court of Appeals for the 7th Circuit in Chicago affirmed the class-action status of the case. Printed from: MFWire.com/story.asp?s=24254 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |