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3rd Circ. Won't Revive AXA Investors' Action Over Fees

By Bill Wichert ( July 10, 2018, 7:13 PM EDT) -- The Third Circuit on Tuesday refused to disturb a New Jersey federal court ruling dismissing with prejudice investors' claims in a consolidated derivative action against AXA Equitable Life Insurance Co. alleging that its subsidiary collected excessive mutual fund management fees, finding that the court's conclusions were not "clearly erroneous."...

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