Mutual Fund Losses

Potential mutual fund lawsuits against various mutual fund companies, are being investigated, alleging investors suffered serious mutual fund losses as a result of their financial advisors' actions. In some cases, allegations about mutual fund fraud have been made, while in other cases, investors claim mutual fund investment advice that was given was not in the clients' best interests. These mutual fund investment lawsuits allege financial advisors breached their fiduciary duty to mutual fund investors.

Numerous mutual funds have been the subject of a mutual fund lawsuit, especially since many funds have lost value in recent times. These include Neuberger Berman funds, Causeway funds, certain ING Funds and Fidelity Funds. Currently, law firms are either actively investigating, or considering an investigation of, each of these families of funds.

Investors in any of the following funds may be eligible to join a mutual funds lawsuit:

• Neuberger Berman International Portfolio
• Neuberger Berman Neuberger Berman Advisers Management Trust
• Neuberger Berman International Institutional Fund
• Neuberger Berman International Fund

Another fund in question is a Causeway Capital Management Trust fund, which saw a massive drop in value. Causeway Capital Management LLC offers investment management services to a variety of clients, including pension plans, mutual funds and public retirement plans.

Investors with money in the Causeway Capital Management Trust Causeway International Value Fund may be eligible to join a lawsuit alleging that financial advisors did not act in their best interests with regard to the fund. The fund was closed to many new investors between February 28, 2005 and February 1, 2008.

Other funds either currently under investigation or facing a possible investigation include:

• American Century World Mutual Funds, Inc: International Discovery Fund
• ING: ING International SmallCap Fund and related funds, including ING Global Advantage and Premium Opportunity Fund
• ING: ING VP Index Plus International Equity Portfolio
• ING: ING Disciplined International SmallCap Fund
• Fidelity: Growth Opportunities Fund Class A, T, B, C, Institutional Class
• Fidelity: Diversified, International Fund, A, T, C, C, Institutional Class
• Fidelity: Fidelity Small Cap Independence Fund
• Fidelity: Fidelity Large Cap Stock Fund
• Fidelity: Spartan International Index Fund
• Fidelity: Fidelity Growth & Income II Portfolio
• Fidelity: Aggressive International Fund
• Fidelity: Fidelity Europe Capital Appreciation Fund
• Fidelity: Global Balanced
• Fidelity: Fidelity International Small Cap Fund
• Fidelity: Fidelity Advisor International
• Fidelity: Fidelity Variable Insurance Products: Growth Opportunities Portfolio
• Fidelity: Fidelity Variable Insurance Products: Growth & Income Portfolio

In order to be eligible to join a lawsuit, you must currently be a shareholder in one of the mutual funds in question and must have been a shareholder at the time of the wrongdoing. Some mutual funds began experiencing losses as early as mid-2006.

Mutual Fund Losses Legal Help

If you or a loved one has suffered from Mutual Fund Losses, please click the link below and your complaint will be sent to a Mutual Funds lawyer who may evaluate your claim at no cost or obligation.
Last updated on Feb-1-12