Class Actions

Stableview Class Action —

This proposed class action was brought against Colin Fisher on behalf of all the investors in the Stableview Yield and Growth Fund, the Stableview Progressive Growth Fund and Stableview Insight Fund LP who invested between January 1, 2016 to March 24, 2020, and who remained invested in any of these funds as of March 24, 2020.

Case Overview

Waddell Phillips PC, along with Flaherty McCarthy LLP, have agreed to a consent dismissal of a proposed class action against Stableview Asset Management Inc., the Stableview Yield and Growth Fund, the Stableview Progressive Growth Fund and Stableview Insight Fund LP, and Colin Fisher on behalf of all the investors in these Funds who invested between January 1, 2016 to March 24, 2020, and who remained invested as of March 24, 2020.

The claim alleged that the Defendants were negligent in the operation and management of the Funds, and that Fisher and Stableview breached their fiduciary duties and  breached their contracts with the proposed class.  The anticipated losses ultimately were not sustained.

Case Overview

Waddell Phillips PC, along with Flaherty McCarthy LLP, have agreed to a consent dismissal of a proposed class action against Stableview Asset Management Inc., the Stableview Yield and Growth Fund, the Stableview Progressive Growth Fund and Stableview Insight Fund LP, and Colin Fisher on behalf of all the investors in these Funds who invested between January 1, 2016 to March 24, 2020, and who remained invested as of March 24, 2020.

The claim alleged that the Defendants were negligent in the operation and management of the Funds, and that Fisher and Stableview breached their fiduciary duties and  breached their contracts with the proposed class.  The anticipated losses ultimately were not sustained.

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