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AXA Investor Fees Didn't Breach Fiduciary Duty, Judge Says

By Jeannie O'Sullivan ( August 26, 2016, 7:18 PM EDT) -- AXA Equitable Life Insurance Co. beat two consolidated class actions challenging its allegedly excessive mutual fund management fees Friday when a New Jersey federal judge found the investors' effort to prove the board members exercised poor oversight over the fees was marred by questionable testimony....

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