A class action suit against the investment management company Campbell Cowperthwait, alleging that the firm breached its fiduciary duty by, among other things, failing to diversify its clients’ accounts, will go forward following a Manhattan judge’s decision granting certification.
The case could extend to 6,000 potential class members who invested more than $900 million during the class period, according to an attorney for the named plaintiff, investor Bert Vladimir.
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