Fidelity Nabs Bench Trial Win Over $100M Stock Sale : vimars

Fidelity Nabs Bench Trial Win Over $100M Stock Sale

A philanthropist couple did "not come close" to proving that a Fidelity-affiliated donor-advised fund sponsor violated a standard of care in the liquidation of their $100 million stock donation, a California federal magistrate judge ruled Friday, roughly four months after presiding over a liability bench trial on the matter.

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