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Washington Mutual Inc. Group of Funds Case 02/28/2007

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Lawsuit Overview

A class action lawsuit has been brought in the United States District Court for the Southern District of California, asserting that Washington Mutual maintained and failed to disclose a preferred list of proprietary mutual funds while concealing from investors revenue-sharing and other incentive programs intended to sell the WM Group of Funds. The complaint alleges that Washington Mut...

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