Stull, Stull & Brody Announces Class Action on Behalf of Purchasers of the American Family of Funds.Business Editors/Legal Writers NEW YORK--(BUSINESS WIRE)--March 24, 2004 Notice is hereby given that a class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax was filed on March 24, 2004, in the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. for the Southern District of 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 , on behalf of all purchasers of the American family American Family is a photographic artwork exhibition by Renée Cox. See also
The following American Funds  Please see the discussion on the talk page. AMCAP Fund (Nasdaq: AMCPX, AMPBX, AMPCX, AMPFX, CAFAX, CAFBX, CAFCX, CAFEX, CAFFX, RAFAX, RAFBX, RAFCX, RAFEX, RAFFX) American Balanced Fund (Nasdaq: ABALX, BALBX, BALCX, BALFX, CLBAX, CLBBX, CLBCX, CLBEX, CLBFX, RLBAX, RLBBX, RLBCX, RLBEX, RLBFX) American High-Income Municipal Bond Fund (Nasdaq: ABHFX, ABHMX, AHICX, AMHIX) American High-Income Trust (Nasdaq: AHITX) American Mutual Fund (Nasdaq: AMFBX, AMFCX, AMFFX, AMRMX, CMLAX, CMLBX, CMLCX, CMLEX, CMLFX, RMFAX, RMFBX, RMFCX, RMFEX, RMFFX) The Bond Fund of America (Nasdaq: ABNDX, BFABX, BFACX, BFAFX, CFAAX, CFABX, CFACX, CFAEX, CFAFX, RBFAX, RBFBX, RBFCX, RBFEX, RBFFX) Capital Income Builder (Nasdaq: CAIBX, CIBBX, CIBCX, CIBFX, CIRAX, CIRBX, CIRCX, CIREX, CIRFX, RIRAX, RIRBX, RIRCX, RIREX, RIRFX) Capital World Bond Fund (Nasdaq: CCWAX, CCWBX, CCWCX, CCWEX, CCWFX, CWBCX, CWBFX, RCWAX, RCWBX, RCWCX, RCWEX, RCWFX, WBFBX, WBFFX) Capital World Growth and Income Fund (Nasdaq: CWGBX, CWGCX, CWGFX, CWGIX, CWIAX, CWIBX, CWICX, CWIEX, CWIFX, RWIAX, RWIBX, RWICX, RWIEX, RWIFX) Europacific Growth Fund (Nasdaq: AEGBX, AEGFX, AEPCX, AEPGX, CEUAX, CEUBX, CEUCX, CEUEX, CEUFX, RERAX, REREBX, RERCX, REREX, RERFX) American Fundamental Investors (Nasdaq: AFIBX, AFICX, AFIFX, ANCFX, CFNAX, CFNBX, CFNCX, CFNEX, CFNFX, RFNAX, RFNBX, RFNCX, RFNEX, RFNFX) The Growth Fund of America (Nasdaq: AGRBX, AGTHX, CGFAX, CGFBX, CGFCX, CGFEX, CGFFX, GFACX, GFAFX, RGAAX, RGABX, RGACX, RGAEX, RGAFX) The Income Fund of America (Nasdaq: AMECX, CIMAX, CIMBX, CIMCX, CIMEX, CIMFX, IFABX, IFACX, IFAFX, RIDAX, RIDBX, RIDCX, RIDEX, RIDFX) Intermediate Bond Fund of America (Nasdaq: AIBAX, CBOAX, CBOBX, CBOCX, CBOEX, CBOFX, IBFBX, IBFCX, IBFFX, RBOAX, RBOBX, RBOCX, RBOEX, RBOFX) The Investment Company of America (Nasdaq: AICBX, AICCX, AICFX, AIVSX, CICAX, CICBX, CICCX, CICEX, CICFX, RICAX, RICBX, RICCX, RICEX, RICFX) Limited Tax-Exempt Bond Fund of America (Nasdaq: LTEBX, LTXBX, LTXCX, LTXFX, RTXFX) The New Economy Fund (Nasdaq: ANEFX, ANFBX, ANFCX, ANFFX, CNGAX, CNGBX, CNGCX, CNGEX, CNGFX, RNGAX, RNGBX, RNGCX, RNGEX, RNGFX) New Perspective Fund (Nasdaq: ANWPX, CNPAX, CNPBX, CNPCX, CNPEX, CNPFX, NPFBX, NPFCX, NPFFX, RNPAX, RNPBX, RNPCX, RNPEX, RNPFX) New World Fund (Nasdaq: CNWAX, CNWBX, CNWCX, CNWEX, CNWFX, NEWBX, NEWCX, NEWFX, NWFFX, RNWAX, RNWBX, RNWCX, RNWEX, RNWFX) Smallcap World Fund (Nasdaq: CSPAX, CSPBX, CSPCX, CSPEX, CSPFX, RSLAX, RSLBX, RSLCX, RSLEX, RSLFX, SCWBX, SCWCX, SCWFX, SMCWX) The (Limited Term) Tax-Exempt Bond Fund of America (Nasdaq: LTEBX, LTXBX, LTXCX, LTXFX, RTXFX) The American Funds Tax-Exempt Fund of California (Nasdaq: TAFTX, TECBX, TECCX, TECFX) The (American Funds Tax Exempt Series 1) Tax-Exempt Fund of Maryland (Nasdaq: RTMFX, TEMBX, TEMCX, TMDFX, TMMDX) The (American) Tax-Exempt Fund of Virginia (Nasdaq: RTVFX, TEVBX, TEVCX, TEVFX, TFVAX) U.S Goverment Securities Fund (Nasdaq: AMUSX) Washington Mutual Investors Fund (Nasdaq: AWSHX, CWMAX, CWMBX, CWMCX, CWMEX, CWMFX, RWMAX, RWMBX, RWMCX, RWMEX, RWMFX, WSHBX, WSHCX, WSHFX) The Cash Management Trust of America (Nasdaq: CTAXX) The Tax-Exempt Money Fund of America (Nasdaq: TEAXX) The U.S. Treasure Money Fund of America (Nadaq: UTAXX) The Complaint alleges that during the Class Period the defendants engaged in illegal and improper
Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. , which caused financial injury to the shareholders of the American Mutual Funds. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Complaint, the Defendants surreptitiously sur·rep·ti·tious adj. 1. Obtained, done, or made by clandestine or stealthy means. 2. Acting with or marked by stealth. See Synonyms at secret. permitted certain favored investors, including the Doe DOE - Distributed Object Environment: a distributed object-oriented application framework from SunSoft. Defendants, to illegally engage in "timing" of the American Mutual Funds whereby these favored investors were permitted to conduct short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. , "in and out" trading of mutual fund shares, despite explicit restrictions on such activity in the American Mutual Funds' prospectuses. Plaintiff seeks to recover damages on behalf of class members and is represented by, among others, the law firm of Stull stull n. 1. A supporting timber or other prop in a mine. 2. A platform braced against the sides of a working area in a mine. , Stull & Brody. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 30 years and has obtained court approval of substantial settlements on numerous occasions. If you are a member of the class described above, you may, no later than 60 days from today, request the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the 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. . In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or , one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action. If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or by e-mail at SSBNY@aol.com, or by fax at 212-490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You may also visit our website at www.ssbny.com. |
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