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Sun Life Unit MFS Reaches Tentative Pact in Fund Probe (Dow Jones)







Sun Life Unit MFS Reaches Tentative Pact
in Fund Probe (Dow Jones)

Sun Life Unit MFS Reaches Tentative Pact
in Fund Probe (Dow Jones)
01/27/2004 01:15 AM

Dow Jones - NEW YORK -- Massachusetts Financial Services Co. has reached a tentative agreement to pay $225 million in penalties and cut its management fees by $125 million to settle charges that it improperly allowed fast-moving traders to skim profits from long-term investors in its mutual funds, Tuesday's Wall Street Journal reported, citing people familiar with the matter.




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Sun Life Unit MFS Reaches Tentative Pact in Fund Probe (Dow Jones)

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Sun Life Unit MFS Reaches Tentative Pact in Fund Probe (Dow Jones)

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