Abrams v. Van Kampen Funds, Inc.

Settled: June 06, 2005

As co-lead counsel, we secured a $31.5 million settlement in this case involving allegations that senior loan mutual funds reported materially overstated net asset values (NAVS) in prospectuses by failing to comply with SEC rules mandating the use of "mark-to-market" pricing.


The Court approved the $31.5 million settlement in this action on or about November 16, 2005 and settlement checks have been mailed to authorized claimants.