US Supreme Court Limits Investor Lawsuits Against Closed-End Funds in 6-3 Ruling
2026-06-11 14:41:12
The US Supreme Court, in a 6-3 vote, shielded funds from some investor lawsuits by blocking activist investors from suing 11 closed-end funds. In the decision, according to Bloomberg, the court limited the ability of investors to bring certain claims against the funds.
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