1. Home
  2. Browse Decisions
  3. F.2d
  4. 908 F.2d
  5. 908 F.2d 1338 (1990)
 

KAMEN v. KEMPER FINANCIAL SERVICES, INC.

No. 89-2967.

908 F.2d 1338 (1990)

Jill S. KAMEN, Plaintiff-Appellant, v. KEMPER FINANCIAL SERVICES, INC., and Cash Equivalent Fund, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 18, 1990.

Attorney(s) appearing for the Case

Joel Sprayregen, Clifford Yuknis, Shefsky, Saitlin & Froelich, Chicago, Ill., Richard Meyer, Millberg, Weiss, Bershad, Specthree & Lerach, New York City, for plaintiff-appellant.

Joan M. Hall, Joel T. Pelz, Ellen R. Kordik, Jenner & Block, Arthur J. McGivern, Gwenda M. Burkhardt, Charles F. Custer, Martin M. Ruken, Stuart D. Kenney, Vedder, Price, Kaufman & Kammholz, Chicago, Ill., for defendants-appellees.

Before CUMMINGS, EASTERBROOK and RIPPLE, Circuit Judges.

EASTERBROOK, Circuit Judge.

Cash Equivalent Fund is a money market mutual fund with a sweeps feature. Brokers offer the Fund to their customers as an adjunct to their principal accounts. When an account has a cash balance, a computer "sweeps" the money into the Fund, where it earns interest until the customer reinvests in stocks or other financial instruments; the Fund redeems shares automatically to supply the cash for these transactions. The Fund and its investment...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases