U.S. lawsuit against activist ValueAct puts mutual funds on alert

[ahlam1399]

U.S. lawsuit against activist ValueAct puts mutual funds on alert

U.S. lawsuit against activist ValueAct puts mutual funds on alert
NEW YORK/BOSTON (Reuters) - The U.S. government's lawsuit against ValueAct Capital targets one activist investor but could call into question routine practices across the $16 trillion mutual fund industry, according to attorneys and industry representatives.

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