Reserve Management submitted court documents Thursday denying that it, founder Bruce Bent or his son Bruce Bent II intentionally tried to mislead investors in the flagship $62 billion Reserve Primary Fund into believing the now-defunct fund that broke the buck was solvent. The defendants also requested a jury trial.

The U.S. District for the Southern District of New York last month denied Reserve's request to dismiss the lawsuit, Reserve arguing that the SEC had no "precedent for such charges in the 75-year history of federal securities laws."

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