MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, September 21, 2012 A Judge Keeps the Bents Waiting The Reserve Primary Fund trial has been postponed until Oct. 9, Bloomberg News reports. U.S. district judge Paul Gardhephe, who's presiding in the trial, gave no reason for the delay. Last week, the defense attorney said he was hopeful that a settlement could be reached. The SEC sued the Bents in May 2009, alleging that their Reserve Partners made misleading statements to investors prior to the collapse of the $62.5 billion Reserve Primary Fund in September 2008. Printed from: MFWire.com/story.asp?s=41341 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |