Chill v. Davis Selected Advisers LP

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Two shareholders in the Davis New York Venture Fund filed an excessive fee complaint against Davis Advisers in U.S. District Court for the Southern District of New York.

 

The plaintiffs allege that Davis is charging significantly more in advisory fees than it charges as a subadviser to third-party funds that bear the Davis name.

 

The plaintiffs filed their complaint on August 22, 2014. This case was consolidated with the Hebda case on September 19, 2014.

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Two shareholders in the Davis New York Venture Fund filed an excessive fee complaint against Davis Advisers in U.S. District Court for the Southern District of New York.

 

The plaintiffs allege that Davis is charging significantly more in advisory fees than it charges as a subadviser to third-party funds that bear the Davis name.

 

The plaintiffs filed their complaint on August 22, 2014. This case was consolidated with the Hebda case on September 19, 2014.