Jones v. Harris Associates

Docket No.
Op. Below
Argument
Nov 2, 2009
Tr.
Opinion
Vote
9-0
Author
Alito
Term

Holding: Investment advisors cannot charge mutual fund shareholders fees that are so disproportionately large that they are clearly out of proportion to the services rendered, even when the mutual fund shareholders are not misled about these fees.

Judgment: Vacated and remanded, 9-0, in an opinion by Justice Samuel Alito on March 30, 2010. Justice Thomas filed a concurring opinion.

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