Law firm
Schiffrin & Barroway, LLP celebrated Memorial Day weekend by announcing two more class action suits against
American International Group, this time on behalf of the purchasers of
Scudder and
WM mutual funds.
Both were filed in the United States District Court for the Eastern District of New York, as was the kickoff to Schiffrin & Barroway’s string of suits earlier this month, in which they filed on behalf of
Fidelity fund purchasers. The
NASD last year fined AIG for preferential treatment of the “Shelf-Space Funds,” representing 19 companies, in exchange for directed brokerage.
 
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