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SEC Announces Distribution of Gabelli Fund Disgorgement

By Mark H. Astarita, Esq.

The Distribution Plan provides for distribution of the disgorgement, prejudgmentinterest, and penalties totaling $16 million paid by Gabelli Funds LLC plus anyaccumulated interest, less any federal, state or local taxes on the interest.The Distribution Plan provides that the calculation of amounts to be distributedto investors will be based on records of Gabelli Funds LLC and records obtainedfrom

Full post as published by SECLaw.com on September 14, 2009 (boomark / email).

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