FMO Stockholders Litigation Settlement
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Defendants Guggenheim Funds Investment Advisors, LLC and various officers were alleged to have breached their fiduciary duties by causing the Fiduciary/Claymore Energy Infrastructure Fund (FMO) to over-leverage its assets and choosing a merger with Kayne Anderson Energy Infrastructure Fund instead of liquidation to avoid personal liability related to tax expenses. The defendants deny wrongdoing but agreed to settle for $18,800,000.
Do you qualify?
All holders of FMO common shares of beneficial interest as of the closing of the Merger on March 7, 2022, whose shares were converted into KYN common stock, including their legal representatives, heirs, successors-in-interest, transferees, and assignees. Excluded are defendants, officers, directors, and their family members.
How to file
Eligible class members do not need to submit a claim form. If you are eligible, your distribution will be paid directly to you. Distributions occurred on March 6, 2025 and December 11, 2025, with subsequent distributions on a rolling basis as funds are available. Contact the Settlement Administrator at 1-855-208-4128 or info@FMOStockholdersLitigation.com for questions.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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