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IN RE FRANKLIN MUT. FUNDS FEE LITIGATION

No. 04-CV-982 (WJM).

478 F.Supp.2d 677 (2007)

In re FRANKLIN MUTUAL FUNDS FEE LITIGATION.

United States District Court, D. New Jersey.

March 13, 2007.

Attorney(s) appearing for the Case

Patrick L. Rocco, Shalov Stone & Bonner LLP, Morristown, NJ, Jerome M. Congress, Janine L. Pollack, Milberg Weiss Bershad & Schulman LLP, New York, NY, for Plaintiffs.

Gregory J. Hindy, McCarter & English, LLP, Newark, NJ, Daniel A. Pollack, Martin I. Kaminsky, Edward T. McDermott, Anthony Zaccaria, Pollack & Kaminsky, New York, NY, for Defendants.

OPINION

MARTINI, District Judge.

This matter comes before the Court on Defendants' motion to dismiss Plaintiffs' Second Amended Derivative Complaint for failure to state a claim under Federal Rule of Civil Procedure 12(b)(6). For the following reasons, Defendants' motion is GRANTED and Plaintiffs' Second Amended Derivative Complaint is DISMISSED WITH PREJUDICE.

BACKGROUND

For purposes of the present motion...

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