Alliance Capital ("AllianceBernstein")
Chimicles & Tikellis LLP is assisting Lead Fund Derivative Counsel in prosecuting claims on behalf of the AllianceBernstein family of funds (the “Funds”), owned and operated by Alliance Capital Management Holding L.P. (NYSE: AC), and its subsidiaries and other affiliates, based on allegations of “market timing” and/or “late trading” in the Funds. The claims on behalf of the Funds have been coordinated with claims on behalf of investors, as well as other claims, in the In re Mutual Funds Investment Litigation, MDL 1586, which is pending in the United States District Court for the District of Maryland and involves allegations of market timing and/or late trading in sixteen fund families.
The United States District Court for the District of Maryland upheld Fund Derivative Plaintiffs’ claims under Section 36(b) of the Investment Company Act and Lead Fund Derivative Counsel, with assistance from Chimicles & Tikellis, is currently engaged in prosecuting those claims on behalf of the Funds.
Additional information on the MDL as a whole is available here.
Please contact us if you are an investor in the Fund and would like to learn more about the cases and possibly become a named plaintiff in a derivate lawsuit filed on behalf of the Fund.
The Funds, and the symbols for the respective Funds named below, are as follows:
AllianceBernstein Growth & Income Fund (Sym: CABDX, CBBDX, CBBCX)
AllianceBernstein Health Care Fund (Sym: AHLAX , AHLBX, AHLCX)
AllianceBernstein Disciplined Value Fund (Sym: ADGAX, ADGBX, ADGCX)
AllianceBernstein Mid-Cap Growth (Sym: CHCAX, CHCBX, CHCCX)
AllianceBernstein Real Estate Investment Fund (Sym: AREAX, AREBX, ARECX)
AllianceBernstein Growth Fund (Sym: AGRFX, AGBBX, AGRCX)
AllianceBernstein Select Investor Series Biotechnology Portfolio (Sym: ASBAX, AIBBX, ASBCX)
AllianceBernstein Small CapValue Fund (Sym: ABASX, ABBSX, ABCSX)
AllianceBernstein Premier Growth Fund (Sym: APGAX, APGBX APGCX)
AllianceBernstein Select Investor Series Technology Portfolio (Sym AITAX, AITBX, AITCX)
AllianceBernstein Value Fund (Sym: ABVAX, ABVBX, ABVCX)
AllianceBernstein Quasar Fund (Sym: QUASX QUABX, QUACX)
AllianceBernstein Technology Fund (Sym: ALTFX, ATEBX, ATECX)
AllianceBernstein Select Investor Series Premier Portfolio (Sym: ASPAX, ASPBX, ASPCX)
AllianceBernstein Utility Income Fund (Sym: AUIAX, AUIBX, AUICX)
Value Funds
AllianceBernstein Balanced Shares (Sym: CABNX, CABBX, CBACX)
AllianceBernstein Disciplined Value Fund (Sym: ADGAX, ADGBX, ADGCX)
AllianceBernstein Global Value Fund (Sym: ABAGX, ABBGX, ABCGX)
AllianceBernstein International Value Fund (Sym: ABIAX, ABIBX, ABICX)
AllianceBernstein Real Estate Investment Fund (Sym: AREAX, AREBX, ARECX)
AllianceBernstein Small Cap Value Fund (Sym: ABASX, ABBSX, ABCSX)
AllianceBernstein Utility Income Fund (Sym: AUIAX, AUIBX, AUICX)
AllianceBernstein Value Fund (Sym: ABVAX, ABVBX, AVBCX)
Blended Style Series
AllianceBernstein Blended Style Series – U.S. Large Cap Portfolio (Sym:ABBAX, ABBAX, ABBCX)
Global & International Stock Funds
AllianceBernstein All-Asia Investment Fund (Sym: AALAX, AAABX, AAACX)
AllianceBernstein Global Value Fund (Sym: ABAGX, ABBGX, ABCGX)
AllianceBernstein Greater China '97 Fund (Sym: GCHAX, GCHBX, GCHCX)
AllianceBernstein International Premier Growth Fund (Sym: AIPAX, AIPBX, AIPCX)
AllianceBernstein International Value Fund (Sym: ABIAX, ABIBX, ABICX)
AllianceBernstein Global Small Cap Fund (Sym: GSCAX, AGCBX, GSCCX)
AllianceBernstein New Europe Fund (Sym: ANEAX, ANEBX, ANECX)
AllianceBernstein Worldwide Privatization Fund (Sym: AWPAX, AWPBX, AWPCX)
Select Investor Series
AllianceBernstein Select Investor Series Biotechnology Portfolio (Sym: ASBAX, AIBBX, ASBCX)
AllianceBernstein Select Investor Series Premier Portfolio (Sym: ASPAX, ASPBX, ASPCX)
AllianceBernstein Select Investor Series Technology Portfolio (Sym: AITAX, AITBX, AITCX)
Taxable Bond Funds
AllianceBernstein Americas Government Income Trust (Sym: ANAGX, ANABX, ANACX)
AllianceBernstein Bond Fund Corporate Bond Portfolio (Sym: CBFAX, CBFBX, CBFCX)
AllianceBernstein Bond Fund Quality Bond Portfolio (Sym: ABQUX, ABQBX, ABQCX)
AllianceBernstein Bond Fund U.S. Government Portfolio (Sym: ABUSX, ABUBX ABUCX)
AllianceBernstein Emerging Market Debt Fund (Sym: AGDAX, AGDBX, AGDCX)
AllianceBernstein Global Strategic Income Trust (Sym: AGSAX, AGSBX, AGCCX)
AllianceBernstein High Yield Fund (Sym: AHYAX, AHHBX, AHHCX)
AllianceBernstein Multi-Market Strategy Trust (Sym: AMMSX, AMMBX, AMMCX)
AllianceBernstein Short Duration (Sym: ADPAX, ADPBX, ADPCX)
Tax-Exempt Bond Funds
AllianceBernstein Intermediate California Muni Portfolio (Sym: AICBX, ACLBX, ACMCX)
AllianceBernstein Intermediate Diversified Muni Portfolio (Sym: AIDAX, AIDBX, AIMCX)
AllianceBernstein Intermediate New York Muni Portfolio: (Sym: ANIAX, ANYBX, ANMCX)
AllianceBernstein Muni Income Fund National Portfolio (Sym: ALTHX, ALTBX, ALNCX)
AllianceBernstein Muni Income Fund Arizona Portfolio (Sym: AAZAX, AAZBX, AAZCX)
AllianceBernstein Muni Income Fund California Portfolio (Sym: ALCAX, ALCBX, ACACX)
AllianceBernstein Muni Income Fund Insured California Portfolio (Sym: BUICX, BUIBX, BUCCX)
AllianceBernstein Muni Income Fund Insured National Portfolio (Sym: CABTX, CBBBX, CACCX)
AllianceBernstein Muni Income Fund Florida Portfolio (Sym: AFLAX, AFLBX, AFLCX)
AllianceBernstein Muni Income Fund Massachusetts Portfolio (Sym: AMAAX, AMABX)
AllianceBernstein Muni Income Fund Michigan Portfolio (Sym: AMIAX, AMIBX, AMICX)
AllianceBernstein Muni Income Fund Minnesota Portfolio (Sym: AMNAX, AMNBX, AMNCX)
AllianceBernstein Muni Income Fund New Jersey Portfolio (Sym: ANJAX, ANJBX, ANJCX)
AllianceBernstein Muni Income Fund New York Portfolio (Sym: ALNYX, ALNBX, ANYCX)
AllianceBernstein Muni Income Fund Ohio Portfolio (Sym: AOHAX, AOHBX, AOHCX)
AllianceBernstein Muni Income Fund Pennsylvania Portfolio (Sym: APAAX, APABX, APACX)
AllianceBernstein Muni Income Fund Virginia Portfolio (Sym: AVAAX, AVABX, AVACX)
Investors in the State of Rhode Island 529 Plan, known as the CollegeBoundfundSM, may have invested in one or more of the funds listed below:
AllianceBernstein Growth & Income Fund
AllianceBernstein Mid-Cap Growth Fund
AllianceBernstein Premier Growth Fund
AllianceBernstein Quasar Fund
AllianceBernstein Technology Fund
AllianceBernstein Quality Bond Portfolio
AllianceBernstein International Value Fund
AllianceBernstein Small Cap Value Fund
AllianceBernstein Value Fund