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Evergreen Investments

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2007

    Market-timing settlement

    The SEC announced that Evergreen Investments and affiliates would pay $32.5 million to settle market-timing violations. The matter concerned the alleged allowance of market-timing trades by certain shareholders despite contrary statements in Evergreen fund prospectuses. Former officer William M. Ennis separately paid a $150,000 civil penalty and a nominal disgorgement amount.

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