The charges did not allege wrongdoing at Amerindo's mutual funds, but Morningstar, a fund analysis company, advised investors to withdraw their money in any case, because the funds had been performing very poorly.
The charges did not allege wrongdoing at Amerindo's mutual funds, and when the firm was wound up there were no missing funds. But Morningstar, a fund analysis company, advised investors to withdraw their money in any case, because the funds had been performing very poorly.