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AXA Investors Lay 'Excessive' Fees At Feet Of Fund Managers

By Jeannie O'Sullivan ( June 1, 2016, 9:48 PM EDT) -- AXA Equitable Life Insurance Co. shareholders who alleged in two class actions that the company's investor fees are excessive told a New Jersey federal judge Wednesday that mutual fund managers' misleading statements over profit margins and other issues led trustees to greenlight the inflated fees....

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