U.S. District Court, Md. Case Summaries: April 26, 2010
The Daily Record (Baltimore) › May 03, 2010
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The Daily Record (Baltimore) › May 03, 2010
Linked as:Summary
Civil Procedure
StandingSee the full content of this document
Extract
U.S. District Court, Md. Case Summaries: April 26, 2010
BOTTOM LINE: An investment company does not have standing to bring a cause of action under [section]12(d)(1)(A) of the Investment Company Act of 1940, since the Act was created to protect individuals who invest in such companies, not the companies themselves.
CASE: Gabelli v. Western Investment LLC, et. al., No. RDB 10- 0557 (filed April 1, 2010) (Judge Bennett).FACTS: The Gabelli Global Multimedia Trust, Inc....See the full content of this document
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