December 23, 2003

Class-action suits piling up against Strong funds

Peter Kugi isn't expecting a big financial payoff in his class-action lawsuit against Strong mutual funds. But Kugi, who agreed to be the plaintiff in a suit by a San Francisco law firm with expertise in class-action litigation in securities cases, said he hopes the pressure of legal action will force regulators and mutual fund firms to clean up the system. Posted by Webmaster at December 23, 2003 03:58 PM