Britt Latham and Jason Hale Explain Sixth Circuit's Refusal to Extend SLUSA's Delaware Carve-Out Rule to Mutual Fund Investors on Thomson Reuters' News and Insight
Bass, Berry & Sims PLC attorneys Britt K. Latham and M. Jason Hale break down the Sixth Circuit’s decision to exclude mutual fund investors from the SLUSA’s "Delaware carve-out" rule in their Thomson Reuters News & Insight securities blog post, "6th Circuit refuses to extend SLUSA's ‘Delaware carve-out’ to mutual fund investors." Mr. Latham and Mr. Hale summarize Atkinson v. Morgan Asset Management, Inc., the case from which the decision stems, explaining what it means for the future of federal jurisdiction in the mutual funds industry. Click here to read more.
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