Kurz v. Fidelity Management & Research Co.

How courts have described this case

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

• stating that the duty of best execution is \widely understood as a subject of regulation\ under the federal securities laws, including the Investment Advisers Act
• rejecting as \frivolous\ the argument that \the duty of best execution is not 'in connection with the purchase or sale' of securities\
• finding SLUSA preclusion and noting “[h]ow [a portfolio manager] discharges its duties toward investors is a subject requiring disclosure under federal law”
• rejecting as \frivolous\ the contention that the duty of best execution is not \in connection with\ the purchase or sale of securities

Source: CourtListener parenthetical corpus (CC0).