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| Fund Industry Investigation Update | ||
| These are the remaining fund companies who have yet to settle with regulators in the wake of the market-timing scandal. | For our take on the progress of those who have settled market-timing or other charges, see our  Stewardship Grades. | |
| Fund Industry Investigation Update |
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| Alger | Morningstar's Take: Proceed with Caution 02-02-07 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| James Connelly, head of fund sales, charged | Yes Connelly Settled with SEC | 12-19-03 12-15-03 10-17-03 10-10-03 | Agreement in Principle | ||||
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| Evergreen Investments | Morningstar's Take: Proceed with Caution 08-04-04 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| No | No | ||||||
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| Excelsior | Morningstar's Take: Don't Send New Money 02-02-04 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| No | No | Click Here | |||||
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| ING Investments | Morningstar's Take: Proceed with Caution 11-04-04 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| No | No | 08-31-04 | |||||
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| Scudder | Morningstar's Take: Proceed with Caution 01-24-07 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| No | Yes | ||||||
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| Seligman | Morningstar's Take: Proceed with Caution 04-28-06 | ||||||
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| Synopsis | Formal Charges | Settlement | News | Company Response | |||
| No | No | 03-06-06 05-14-04 02-02-04 | Click Here | ||||
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