7th Circuit Affirms Dismissal Of Investor's Breach Of Contract Class Complaint

CHICAGO - An investor failed to show that the company managing her account and the accounts of her proposed class breached its agreement by charging postage and handling fees for trade confirmation slips in excess of their actual costs, the Seventh Circuit U.S. Court of Appeals ruled March 8, affirming a trial court ruling (Susan Appert, et al. v. Morgan Stanley Dean Witter, Inc., No. 11-1095, 7th Cir.; 2012 U.S. App. LEXIS 4834).

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