Strong Financial Corporation ("Strong")

Practice: 
Securities Fraud & Shareholder Litigation
Phase: 
Current

Following a hearing on May 3, 2004, the United States District Court for the District of Maryland appointed Chimicles & Tikellis as Lead Fund Derivative Counsel for Fund Derivative claims involving allegation of “market timing” and/or “late trading” on behalf of the Strong family of funds (the “Funds”), operated by Strong Financial Corporation, Strong Capital Management, Inc., and subsidiaries.  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 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 Funds 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:

Strong Advisor Bond Fund (SVBDX, SADBX, SABCX, SIBNX, F008W1, SBDIX)
Strong Advisor Municipal Bond Fund (SAMAX, SMBBX, F00BH8)
Strong Advisor Municipal Select Fund (SMUIX, STAEX, F005LZ, F005M9)
Strong Advisor Short Duration Bond A Fund (STSDX, SSDKX, SSHCX, STGBX)
Strong Advisor Common Stock Fund (SCSAX, SCSKX, STSAX, STCSX)
Strong Advisor Endeavor Large Cap Fund (STALX, F008GO)
Strong Advisor Focus Fund (F005MO, F005M7, F005LT)
Strong Advisor International Core Fund (F008GQ, F008GR, F008GS)
Strong Advisor Large Company Core Fund (SLGAX, F00AO2, F00AO3, SLCKX)
Strong Advisor Mid-Cap Growth Fund (F005LQ, F005M1, F005LO, SMDCX)
Strong Advisor Small Cap Value Fund (SMVAX, SMVBX, SMVCX, SSMVX)
Strong Advisor Strategic Income Fund (SASAX, F005L7, SASCX)
Strong Advisor Technology Fund (SASCX, F005LM, F005LM)
Strong Advisor U.S. Small/Mid Cap Growth Fund (F009D0, F009D1)
Strong Advisor U.S. Value (F005M2, F005M5, F005MA, SEQKX, SEQIX)
Strong Advisor Utilities and Energy Fund (SUEAX, F00AED, F00AEE, F009D5)
Strong All Cap Value Fund (F009D5)
Strong Asia Pacific Fund (SASPX)
Strong Balanced Fund (STAAX)
Strong Blue Chip Fund (SBCHX)
Strong Discovery Fund (STDIX)
Strong Dividend Income Fund (SDVIX, F008VY)
Strong Dow 30 Value Fund (SDOWX)
Strong Endeavor Fund (SENDX)
Strong Energy Fund (SENGX)
Strong Enterprise Fund (SENAX, F04ANX, SENTX, SEPKX)
Strong Growth & Income Fund (SGNAX, SGNIX, SGRIX, SGIKX)
Strong Growth 20 Fund (SGTWX, SGRTX, SGRAX, F00B67, SGRNX)
Strong Growth Fund (SGROX, SGRKX)
Strong Index 500 Fund (SINEX)
Strong Large Cap Core Fund (SLCRX)
Strong Large Cap Growth Fund (STRFX)
Strong Large Company Growth Fund (SLGIX, F04ANY)
Strong Mid Cap Disciplined Fund (SMCDX)
Strong Multi-Cap Value Fund (SMTVX)
Strong Opportunity Fund (SOPVX, SOPFX, F00AH2)
Strong Overseas Fund (F00B4I, SOVRX)
Strong Small Company Value Fund (F009D3)
Strong Technology 100 Fund (STEKX)
Strong U.S. Emerging Growth Fund (SEMRX)
Strong Value Fund (STVAX)
Strong Life Stages - Aggressive Portfolio Fund (SAGGX)
Strong Life Stages - Conservative Portfolio Fund (SCONX)
Strong Life Stages - Moderate Portfolio Fund (SMDPX)
Strong Corporate Bond Fund (SCBDX, SCBNX, STCBX)
Strong Corporate Income Fund (SCORX)
Strong High-Yield Bond Fund (SHBAX, SHYYX, STHYX)
Strong Government Securities Fund (SGVDX, F00B66, SGVIX, STVSX)
Strong High-Yield Municipal Bond Fund (SHYLX)
Strong Intermediate Municipal Bond Fund (SIMBX)
Strong Municipal Bond Fund (SXFIX)
Strong Minnesota Tax-Free Fund (F00B64, F00B65, F00B63 Strong Wisconsin Tax-Free Fund (F0068K)
Strong Short-Term High-Yield Municipal Bond Fund (SSHMX, SSTHX, STHBX)
Strong Short-Term Municipal Bond Fund (F00B62, STSMX)
Strong Short-Term Income Fund (F00B1K)
Strong Short-Term Bond Fund (SSTVX, SSHIX, SSTBX)
Strong Ultra Short-Term Income Fund (SADAX, SADIX, STADX)
Strong Ultra Short-Term Municipal Income Fund (SMAVX, SMAIX, SMUAX)
Strong Florida Municipal Money Market Fund (SLFXX)
Strong Heritage Money Fund (SHMXX)
Strong Money Market Fund (SMNXX)
Strong Municipal Money Market Fund (SXFXX)
Strong Tax-Free Money Fund (STMXX)

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

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