INVESCO Funds Group/AMVESCAP P.L.C. ("INVESCO")

Practice: 
Securities Fraud & Shareholder Litigation
Phase: 
Current

Chimicles & Tikellis LLP is assisting Lead Fund Derivative Counsel in prosecuting claims on behalf of the INVESCO family of funds (the “Funds”), operated by London-based AMVESCAP PLC (“AMVESCAP”) (NYSE: AVZ) and its subsidiary INVESCO Funds Group, Inc. (“INVESCO Funds Group”), 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:

INVESCO Advantage Health Sciences Fund (Sym: IAGHX, IGHBX, IGHCX)
INVESCO Advantage Fund (Sym: IADAX, IADBX, IADCX)
INVESCO Latin American Growth Fund (Sym: IVSLX)
INVESCO Core Equity Fund (Sym: ICEAX, ICEBX, IINCX, FIIIX, IEIKX)
INVESCO Dynamics Fund (Sym: IDYAX, IDYBX, IFDCX, FIDYX, IDYKX)
INVESCO Energy Fund (Sym: IENAX, IENBX, IEFCX, FSTEX, IENKX)
INVESCO Financial Services Fund (Sym: IFSAX, IFSBX, IFSCX, FSFSX, FSFKX)
INVESCO Gold & Precious Metals Fund (Sym: IGDAX, IGDBX, IGDCX, FGLDX)
INVESCO Health Sciences Fund (Sym: IAHSX, IBHSX, IHSCX, FHLSX, IHSKX)
INVESCO International Core Equity Fund (formerly known as International Blue Chip Value Fund) (Sym: IBVAX, IBVBX, IBVCX, IIBCX)
INVESCO Leisure Fund (Sym: ILSAX, LSBX, IVLCX, FLISX, ILEKX)
INVESCO Mid-Cap Growth Fund (Sym: IMGAX, IMGBX, IMGCX, IVMIX)
INVESCO Multi-Sector Fund (Sym: IAMSX, IBMSX, ICMSX, ICMSX)
AIM INVESCO S&P Index Fund (Sym: ISPIX)
INVESCO Small Company Growth Fund (Sym: ISGAX, ISGBX, ISGCX FIEGX ISCKX)
INVESCO Technology Fund (Sym: ITYAX, ITYBX, ITHCX, FTCHX, ITHKX)
INVESCO Total Return Fund (Sym: IATRX, IBTRX, ITRCX, FSFLX)
INVESCO Utilities Fund (Sym: IAUTX, IBUTX, IUTCX, ISTUX)
AIM INVESCO Cash Reserves Fund (currently known as AIM Money Market Fund) (New symbol: AIMXX)
AIM INVESCO Tax-Free Money Fund (Sym: FFRXX)
AIM INVESCO Treasurers Money Market Reserve Fund (Sym: IMRXX)
AIM INVESCO Treasurers Tax-Exempt Reserve Fund (Sym: ITTXX)
AIM INVESCO US Government Money Fund (Sym: FUGXX)
INVESCO Advantage Fund (Sym: IADAX, IADBX, IADCX)
INVESCO Balanced Fund (Sym: IBLAX, IBLBX, IBNCX, IBFIX, IMABX, IBLKX)
INVESCO European Fund (Sym: IEUAX, IEUBX, FEURX, IEUKX)
INVESCO Growth Fund (Sym: IAGWX, IBGWX, IBGCX, FLRFX, IGWKX)
INVESCO High-Yield Fund (Sym: IAHYX, IBHYX, IHYCX FHYPX., IHYKX)
INVESCO Growth & Income Fund, (Sym: IGIAX, IGIBX, IGRCX, IVGIX, IGIKX)
INVESCO Real Estate Opportunity Fund (Sym: IAREX, IBREX, IRECX, IVSRX
INVESCO Select Income Fund (Sym: IASIX, IBSIX, ISICX, FBDSX)
INVESCO Tax-Free Bond Fund (Sym: IXBAX, IXBBX, ITFCX, FTIFX)
INVESCO Telecommunications Fund (Sym: ITLAX, ITLBX, INTCX, ISWCX, ITEKX)
INVESCO U.S. Government Securities Fund (Sym :IGVAX, IGVBX, IUGCX, FBDGX)
INVESCO Value Fund (Sym: IAVEX, IBVEX, IVACX, FSEQX)

Attorneys to Contact: 
Timothy N. Mathews (TimothyMathews@chimicles.com)
361 West Lancaster Avenue, Haverford, PA 19041 Phone: 610-642-8500

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