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10 Aug 2009, 11:13 am
With regard to the fiduciary duties of the independent investment advisor, Complaint Paragraph 179 hits the nail on the head: As purportedly “independent” investment advisors, Defendants Wulf and Wulf Bates owed fiduciary duties to NPS as the entity that settled and funded the NPS pre-need trust accounts, and to the funeral homes and consumers as the beneficiaries of the pre-need trusts. [read post]
15 Dec 2014, 2:00 pm by Bill Stalter
The appointment of Wulf Bates relieved the trustees completely of all liability for investment decisions; 15. [read post]