BlackRock fights lawsuit claiming ‘excessive fees’
Judge poised to rule on whether a trial can proceed on claims the company violated its fiduciary obligations.
A federal judge is poised to decide whether to dismiss a lawsuit contending BlackRock Inc. violated its fiduciary obligations by charging exorbitant fees.
Lawyers representing the firm, the largest money manager by assets globally, argued this week the U.S. District Court in Trenton, N.J., should di
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