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Funds Challenging Dell Bid Find Shares Aren’t Really Theirs

TedTed
in Fund Discussions
FYI: It turns out that mutual funds may not be that great at keeping track of the stocks they own. The latest evidence comes from a legal battle over the $24.9 billion management-led buyout at Dell.
Regards,
Ted
http://www.nytimes.com/2015/07/22/business/dealbook/funds-find-they-dont-really-own-dell-shares.html?_r=0

Comments

  • LewisBraham
    Sounds like J.P. Morgan and Mellon could end up getting sued over this themselves.
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