IN RE DREYFUS MUT. FUNDS FEE LITIGATION

No. MASTER FILE 04-0128.

428 F.Supp.2d 357 (2006)

In re DREYFUS MUTUAL FUNDS FEE LITIGATION

United States District Court, W.D. Pennsylvania.

April 10, 2006.


Attorney(s) appearing for the Case

Milberg Weiss, Jerome M. Congress, Janine L. Pollack, Kim E. Miller, Michael R. Reese, New York City, for Plaintiffs.

Clifford Chance U.S. LLP, James F. Moyle, Jason A. D'Angelo, Mary K. Dulka, Reed Smith LLP, Daniel I. Booker, Douglas K. Spaulding, Perry A. Napolitano, Milbank, Tweed, Hadley & McCloy LLP, James N. Benedict, for Defendants.


MEMORANDUM

LANCASTER, District Judge.

This is a putative class action in securities fraud. Plaintiffs, Vera A. Hays and Noah Wortman, allege that defendants, investment advisors and distributors of Dreyfus brand mutual funds, engaged in fraudulent fee arrangement schemes in violation of federal and state law. Plaintiffs seek to recover the wrongfully charged fees. Plaintiffs' section 36(b) and 48(a) claims under the Investment Company Act are the only claims...

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