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ULFERTS v. FRANKLIN RESOURCES, INC.

Master File No. 07-CV-1309 (WJM).

567 F.Supp.2d 678 (2008)

Donald ULFERTS, individually and on behalf of all others similarly situated, Plaintiff, v. FRANKLIN RESOURCES, INC., Franklin Advisors, Inc., Franklin/Templeton Distributors, Inc., Defendants.

United States District Court, D. New Jersey.

June 30, 2008.

Attorney(s) appearing for the Case

Bruce Daniel Greenberg, Lite, DePalma, Greenberg & Rivas, LLC, Newark, NJ, for Plaintiff.

Gregory Joseph Hindy, McCarter & English, LLP, Newark, NJ, Daniel A. Pollack, Pollack & Kaminsky, New York, NY, for Defendants.

OPINION

WILLIAM J. MARTINI, District Judge.

Plaintiff files a motion for reconsideration or alternatively for leave to file an amended complaint. Plaintiff (a shareholder in several mutual funds) asks the Court to reconsider its previous ruling that Defendants (the funds' manager, distributor, and parent corporation) had no duty to disclose certain financial arrangements called "shelf-space" arrangements to the funds' shareholders. The Court reaffirms that...

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