is seeking a jury trial in the fraud case that the SEC has filed against it. Dow Jones'
Daisy Maxey picked up
on the Reserve's Thursday court filing.
For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline.
The defendants in the case -- Reserve, founder Bruce Bent
and his son Bruce Bent II
denied that SEC's allegations in a court document filed Thursday.
In its complaint filed last May, the SEC accused the defendants of fraud, saying they failed to provide key material facts to investors about the Primary Fund
That fund broke the buck on September 15, 2008.
Three weeks ago, U.S. District Judge Paul Gardephe refused to dismissed
the SEC's lawsuit.
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