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ARS derivative suits will need to overcome business judgment rule

Edwards Wildman Palmer LLP
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USA
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October 12 2010

In the past few months, several derivative suits against mutual fund issuers of auction rate securities (ARS) have hit the courts

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Workarea - Capital Markets
Workarea - Company & Commercial
Firm Name - Edwards Wildman Palmer LLP
Author - Brian Green
Author - Victoria Anderson
Author - Alexander G. Henlin

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ARS derivative suits will need to overcome business judgment rule

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