The divorce trial of an executive with the Capital Group Cos., a firm with assets totaling more than $1 trillion, will be partially closed to the public, a judge ruled Monday.
Los Angeles County Superior Court Judge John Sandoz agreed with the company's attorneys, who argued
that certain information, such as executive pay levels, would damage
the privately held company if revealed. Capital Group manages the
American Fund group of mutual funds. Capital Group's American assets qualify it as one of the three largest mutual fund families in the United States. Click here for more.
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