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IF YOU PURCHASED AND/OR HELD SHARES IN ANY OF THE COLUMBIA MUTUAL FUNDS DURING THE PERIOD NOVEMBER 1, 1998 THROUGH FEBRUARY 25, 2004, INCLUSIVE (THE “CLASS”), YOU COULD RECEIVE A PAYMENT FROM CLASS ACTION AND DERIVATIVE ACTION SETTLEMENTS (“SETTLEMENTS”).
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Lawsuit Overview
In late 2003, a number of putative securities class action complaints were filed against Columbia Management Advisors, Inc. and related Columbia entities in various United States District Courts. Those actions alleged market-timing and late trading in the Columbia family of mutual funds (as well as fund families acquired by Columbia during the Class Period) in violation of the federa...
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