Lawsuit 2

  • May 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Lawsuit 2 as PDF for free.

More details

  • Words: 423
  • Pages: 1
HEADLINE:Finkelstein & Krinsk Announces Class Action Lawsuit Against Washington Mutual

Investors today (Frietay) fjJec:J a ClaSS attion IawSuft: againSt Washington Mutual and its subsidiary

companies aUeolng that It knowingly deceived retail Investors by steering them to Washington Mutual's own portfoflo of mutual fundS which were less attractive than alternative funds. The complaint ~es that WashingtOn Mutual and Its subsidiary compantes had an undisClosed -preferred I1st"' of funds, and Issued materlaUv misleading disclosures and omissions regardIng side agreement (cash and non cash program) designed to knproperty Incent WM Ananclai 5ervIaI5 and Its sales team to favor Washington Mutual's proprietary funds, (the WM Group of Funds) and thereby drive sales, regardless of alternatives for their Individual retail Jnvestor. Plaintiff seeks to recover damages on behalf 01 the putative class memberS and is represented bV the san Diego law finn of Finketstein & Krinsk UP, which prosecutes dass actiOnS in au state and federal courts throughout the country_ F!OkeIstein &. Krinsk Is a force behind numerous corporate reforms and has recovered mmions of donars for institutional and individual investors from the United States and around the world.

Notice is hereby given that a das$ attiotI tawsuit: was filed in the United States District Court for the Southern DistrtCt Of canromra, on behaff of pulC::tJase, s and saUers Of Washingtoil Mutual's proprietary mutual funds. the WM Group of Funds. between at least March 1, 2004, through March 1, 2005, Induslve (the "Cass Periodj throuoh WM Anarldat 5ervices acting as broker.

If you wish to discuss this action or have any questions concernIng this notIcB or your rights or Interests with respect to these matters, please amtad: WIllIam Restls. !sq. toll fn!e at 8n-493-5366, or via email

at

wrrOdassaaJ~w.com.

If you are a member Of the dasS described above. you may, no Jater than May 1, 2007, move the Court to serve as lead platntltf of the dass, if you so Choose. A lead plaintiff Is a ~ve part that actS on behalf of other class memberS in dinlc:ting the Jitigatiofi, In order to be ~ lead ptaintitf, the Court must determine that the c&ass ~s daim is typiCal 01 the daIms of other dasS members, and that the clasS member wiD adeqlaately...present the dasS. Under ~ drtumst.ana!S, one Or tnore dass members may together serve as "Iud piaintiff." Your ability to share in any nacovery is not, however, affected by the dedsion whether or not to serve as a lead plaintiff. You may retain Ankelstein &. Krinsk, to serve as your counsel in this action.

LOAD-DATE:March 5,2007

Related Documents

Lawsuit 2
May 2020 4
Lawsuit
May 2020 20
Lawsuit
June 2020 26
Lawsuit
December 2019 35
Ricciuti Lawsuit
May 2020 0