There seems to be quite a bit of litigation going on with the mutual fund companies these days... I thought I would share this to make it even more public. My questions are, why are there so many class action law suits against mutual fund companies, and why are they not being certified by judges.?

I'll have to investigate a little further as to why the mutual fund companies were ordered to pay $205 million.

That seems pretty serious to me!!

CTV.ca - OSC settlement trumps mutual-fund class action
The road to investor class-action lawsuits is a bumpy one in Canada. Many are launched, but few have been certified by judges to proceed. Another investor action was driven off the road last week when Mr. Justice Paul Perell of the Superior Court of Ontario tossed out a bid by a group to launch a class action against mutual-fund companies such as CI Mutual Funds Inc. and AGF Funds for losses suffered when the funds allegedly timed investments to boost performance scores.

The problem with the investors' claim, Judge Perell ruled, was that the Ontario Securities Commission had already reached a settlement with mutual-fund companies, which agreed to pay $205.6-million to investors. Judge Perell ruled the OSC proceedings did “provide access to justice� and was a “preferable procedure.�
http://www.ctv.ca/generic/generated/static/business/article1436826.html