Chancery OKs $100K Incentive Fee In $18.8M Class Settlement

By Jeff Montgomery ( July 9, 2024, 9:56 PM EDT) -- An $18.8 million settlement ended Tuesday a Delaware Court of Chancery derivative suit alleging a $220 million breach of fiduciary duty by Guggenheim Funds Investment Advisors LLC and trustees of a closed-end fund client, with the court also approving a rare $100,000 plaintiff incentive fee....

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