Eaton Vance

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Court dismisses class action against Eaton Vance

A class action lawsuit against a Bermuda-registered investment firm and others has been dismissed in the United States.The complaint against Lloyd George Investment Management (Bermuda) Ltd., Lloyd George Investment Management (B.V.I.) Limited, Eaton Vance Corp., Eaton Vance Management, Boston Management and Research, Eaton Vance Inc., Eaton Vance Distributors Inc., Orbimed Advisors LLC; nine current or past trustees of 81 Eaton Vance funds, and 12 current or past officers and portfolio managers of the Funds was dismissed at the U. S. District Court for the Southern District of New York on July 29, 2005.

Lloyd George (Bermuda) defendant in Eaton Vance class action suit

A Bermuda-registered investment firm is a defendant in a class action lawsuit filed by investors in mutual funds operated by Massachusetts-based Eaton Vance, which manages approximately $75 billion of assets. Lloyd George Investment Management (Bermuda) Ltd., which is operated from Hong Kong, was an investment adviser to Eaton Vance's funds during the class period.