JANET ADAMS v. NATALIA KANE

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• describing a private right of action provided to individual investors in a mutual fund under certain circumstances
• noting with approval that “Gartenberg uses the range of fees that might result from arm's-length bargaining as the benchmark for reviewing challenged fees”
• prohibiting courts from “second-guessing . . . informed board decisions” and “engag[ing] in a precise calculation of fees representative of arm’s-length bargaining”
• characterizing the phrase “fiduciary duty with respect to the receipt of compensation” as ambiguous
• looking to whether \the transaction carries the earmarks of an arm's length bargain\
• “A separate entity called an investment adviser creates the mutual fund, which may have no employees of its own.”

Source: CourtListener parenthetical corpus (CC0).