Spector & Roseman P.C. Announces Class Action Lawsuit Filed Against Dreyfus Aggressive Growth Fund.
PHILADELPHIA--(BUSINESS WIRE)--July 10, 1998--On June 19, 1998, a class action was commenced on behalf of investors in the Dreyfus Aggressive Growth Fund and Premier Aggressive Growth Fund against Dreyfus Corp., Michael L. Schonberg and others alleging violations of the Investment Company Act of 1940, breaches of fiduciary duties and misrepresentation misrepresentation
In law, any false or misleading expression of fact, usually with the intent to deceive or defraud. It most commonly occurs in insurance and real-estate contracts. False advertising may also constitute misrepresentation. .
The complaint alleges, among other things, that Schonberg enjoyed an undisclosed relationship with the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of brokerage of Janssen-Meyers associates which was exploited to the benefit of Schonberg at the expense of the funds' investors. According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the complaint, since 1996, the funds have consistently performed poorly as a result of the defendants' actions.
Plaintiffs are represented by the law firm Spector & Roseman P.C. and Shalov Stone & Bonner, who have expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.
Spector & Roseman P.C., located in Philadelphia and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , concentrates itspractice in complex litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. including actions dealing with securities laws, antitrust, contract and commercial claims. The firm is active in major litigation pending in federal and state courts throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .
The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm as lead counsel in numerous major class actions involving violations of the federal securities laws and the federal antitrust laws antitrust laws n. acts adopted by Congress to outlaw or restrict business practices considered to be monopolistic or which restrain interstate commerce. The Sherman Antitrust Act of 1890 declared illegal "every contract, combination.... .
As a result of the efforts of the firm, and its members, hundreds of millions of dollars have been recovered on behalf of thousands of defrauded shareholders and companies.
If you would like to participate in this action or would like additional information about the lawsuit please contact Spector & Roseman P.C. toll free at 888/844-5862 or via E-mail at email@example.com or Shalov Stone & Bonner, 212/268-2727.
Visit the firm's web-site at: http://spectorandroseman.com
CONTACT: Spector & Roseman 888/844-5862 firstname.lastname@example.org or Shalov Stone & Bonner 212/268-2727