Geoffrey Coll, Marco Molina Write Article Discussing Ruling that Opens Door for Mutual Fund Securities Litigation

Articles / August 16, 2016

Partner Geoffrey Coll and Associate Marco Molina authored an article published on Law360 on Aug. 12, 2016. The article, “New Ruling May Revive Mutual Fund Securities Litigation,” examines a recent ruling in the U.S. District Court for the Southern District of New York that mutual fund investors may plausibly allege securities fraud even where the alleged misrepresentations had no direct effect on the mutual fund’s share prices. Coll and Molina write, “This ruling, while not binding on other district court judges, is likely to revive securities fraud litigation in the mutual fund context, at least until this conflict is resolved.”

Read the article.