Market timing at heart of class action
Tuesday, December 1, 2009 : PermalinkGlobe Investor – When Dennis Fischer began stashing his savings into Investors Group mutual funds in the early 1990s, he expected the fund company would treat all investors equally.
He was shocked when IG Investment Management Ltd. negotiated a settlement with regulators for its role in a market timing scandal along with CI Investments Inc., Franklin Templeton Investments Corp., AGF Investments Inc. and AIC Ltd. in 2004-2005.
