The law firm of Berman DeValerio has filed a class-action lawsuit against broker/dealer PrimeVest Financial Services and two of its subsidiaries for allegedly overcharging investors nearly $5,000 in sales charges on Class A mutual funds by failing to apply sales breakpoint discounts.

The suit, filed in the Stearns County District Court in the State of Minnesota, says that between 2002 and 2010, of the $17,187.14 in front-end loads the plaintiffs paid, $4,980.37 was an overcharge.

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