Alert August 18, 2009

Supreme Court Schedules Oral Argument for Review of Seventh Circuit Decision in Harris Associates

The U.S. Supreme Court has scheduled oral argument in its review of the decision by the US Court of Appeals for the Seventh Circuit in Jones v. Harris Associates L.P., 527 F.3d 627 (7th Cir. 2008), an excessive fee suit under Section 36(b) of the Investment Company Act of 1940, for Monday, November 2, 2009, at 10:00 a.m.  For more on this case, see the March 10, 2009 and June 3, 2008 Alerts.