Fidelity Wins Dismissal In Money Market Fund Fee Suit
By Rae Ann Varona ( March 25, 2026, 11:44 PM EDT) -- A New York federal judge on Wednesday dismissed a putative class action against Fidelity Investments and a Fidelity money market fund's trustees and executives, rejecting shareholders' claims for breach of fiduciary duty or unjust enrichment over the financial service company's alleged failure to convert retail-class shares to lower-cost premium-class shares....
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