Score another one for
Judge McMaster is scheduled to hear arguments in the case this Tuesday, with a ruling expected shortly thereafter.
Lockyer has charged Edward Jones with accepting $300 million in shelf-space payments from seven mutual fund companies between 2000 and 2004 to promote their funds. The attorney general wants the firm to turn over all profits earned on those sales as well as to pay investors for restitution and damages from purchasing those funds. The shelf-space payments came in the form of both cash and directed-brokerage business.
Lockyer has a similar pending lawsuit against
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