Practising Law Institute: Jones v. Harris Associates and the Supreme Court's Ruling on Advisers' Fees
- 4.20.2010 | 1:00 PM - 2:00 PM
- Webinar
Presented by Practising Law Institute (PLI), this webinar examined the Supreme Court's March 30, 2010 decision in which it unanimously held that the correct standard to apply when considering the fiduciary duty of investment advisers with respect to the receipt of compensation for services is the "arm's-length bargaining" standard set forth in Pepper v. Litton and Gartenberg v. Merrill Lynch Asset Management. Discussion topics included the role of the courts in policing the compensation of mutual fund investment advisers, the fiduciary duty of advisers concerning their compensation and the future of litigation over adviser fees.
WilmerHale partner Lori Martin was a featured speaker at this event.
