Capital Group Companies, Inc. : American Funds

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Capital Group Companies, Inc. : American Funds Summary: On June 5, 2008, Judge Gary A. Feess granted the motion to dismiss the Consolidated Amended Complaint with prejudice. The plaintiffs filed a Notice of Appeal on June 20, 2008. The appeal is currently pending in the Ninth Circuit Court of Appeals.

On April 4, 2007, Judge Gary A. Feess granted the motion to consolidate two related cases under Master File, CV 06-7815-GAF. The Court appointed the Movants as Lead Plaintiffs and approved their selection of Gutride Safier LLP as Lead Counsel. On July 26, 2007, a Consolidated Amended Complaint was filed. The defendants responded by filing a motion to dismiss the Consolidated Amended Complaint on October 26, 2007.

The original complaint alleges that Capital Group Companies, Inc., Capital Research And Management Co., and American Funds Distributors, Inc ("Defendants") violated federal securities laws by paying kickbacks to broker/dealers who sold American Funds Mutual Funds. The complaint asserts that Defendants made false and misleading statements in mutual fund prospectuses and other documents by concealing the existence of the kickback arrangement. According to the suit, Defendants illegally used investor assets to pay the kickbacks. The complaint asserts violations of the Securities Act of 1933, Securities Exchange Act of 1934, and other laws. Some of the Defendants were previously sued by the California Attorney General who stated that, "the payments are little more than kickbacks to buy preferential treatment. Investors deserve to know that."

The American mutual funds and their respective symbols are as follows:

American Funds Amcap 529 (CAFAX); American Funds Amcap (AMCPX); American Funds American Balanced 529 (CLBAX); American Funds American Balanced (ABALX); American Funds American Hi Inc Tr 529 (CITAX); American Funds American Hi Inc Tr (AHITX); American Funds American Mutual 529 (CMLAX); American Funds American Mutual (AMRMX); American Funds Bond Fund of Amer 529 (CFAAX); American Funds Bond Fund of Amer (ABNDX); American Funds Capital Inc Bldr 529 (CIRAX); American Funds Capital Inc Bldr (CAIBX); American Funds Capital World Bd 529 (CCWAX); American Funds Capital World Bd (CWBFX); American Funds Capital World G/I 529 (CWIAX); American Funds Capital World G/I (CWGIX); American Funds EuroPacific Gr 529 (CEUAX); American Funds EuroPacific Gr (AEPGX); American Funds Fundamental Invs 529 (CFNAX); American Funds Fundamental Invs (ANCFX); American Funds Grth Fund of Amer 529 (CGFAX); American Funds Grth Fund of Amer (AGTHX); American Funds High-Inc Muni Bond (AMHIX); American Funds Inc Fund of Amer 529 (CIMAX); American Funds Inc Fund of Amer (AMECX); American Funds Intm Bd Fd of Amer (AIBAX); American Funds IntmBd Fd of Amer 529 (CBOAX); American Funds Invmt Co of Amer 529 (CICAX); American Funds Invmt Co of Amer (AIVSX); American Funds Ltd-Terrn Tax-Ex Bd (RTXFX); American Funds New Economy 529 (CNGAX); American Funds New Economy (ANEFX); American Funds New Perspective 529 (CNPAX); American Funds New Perspective (ANWPX); American Funds New World 529 (CNWAX); American Funds New World (NEWFX); American Funds Smallcap World 529 (CSPAX); American Funds Smallcap World (SMCWX); American Funds Tax-Exempt Bond (AFTEX); American Funds Tax-Exempt Fund V A; (TFVAX); American Funds Tax-Exempt Fund CA (TAFTX); American Funds US Government See 529 (CGTAX); American Funds Tax-Exempt Fund MD (TMMDX); American Funds US Government Sec (AMUSX); American Funds Washington Mutual 529 (CWMAX); American Funds Washington Mutual (AWSHX)

INDUSTRY CLASSIFICATION:
SIC Code:
Sector: Financial
Industry: Other (Mutual Fund)

COMPANY/ISSUER NAME:	Capital Group Companies, Inc.
COMPANY/ISSUER TICKER:
COMPANY WEBSITE:	http://www.capgroup.com/

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Sabrina A. Chin, et al. v. Capital Group Companies, Inc., et al.

COURT: C.D. California	DOCKET NUMBER: 06-CV-07815
JUDGE NAME: Hon. Florence-Marie Cooper
DATE FILED: 12/05/2006	SOURCE:
CLASS PERIOD START: 01/01/2000	CLASS PERIOD END: 03/23/2005
TYPE OF COMPLAINT: Complaint (Unamended and Unconsolidated)
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Brower Piven (Baltimore) The World Trade Center-Baltimore. 401 East Pratt Street, Suite 2525 , Baltimore, MD, (voice) 410.332.0030, (fax) 410.685.1300, info@browerpiven.com Brower Piven (New York) 488 Madison Avenue. Eighth Floor, New York, NY, 10022 (voice) 212.501.9000, (fax) 212.501.0300, info@browerpiven.com Gutride Safier LLP (New York) 230 Park Avenue, Suite 963, New York, NY, 10169 (voice) 212.579.4625, (fax) 212.253.4272, info@gutridesafier.com Gutride Safier LLP (San Francisco) 835 Douglass Street, San Francisco, CA, 94114 (voice) 212.579.4625, (fax) 212.253.4272, info@gutridesafier.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 4

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint For Violation Of The Federal Securities Laws – Jury Trial Demanded
Type: Complaint		Date on the document: 12/5/2006
Civil Minutes - General
Type: Other		Date on the document: 4/6/2007

REFERENCE COMPLAINT

Sabrina A. Chin, et al. v. Capital Group Companies, Inc., et al.

COURT: C.D. California	DOCKET NUMBER: 06-CV-07815
JUDGE NAME: Hon. Gary A. Feess
DATE FILED: 07/26/2007	SOURCE:
CLASS PERIOD START: 01/01/2000	CLASS PERIOD END: 03/23/2005
TYPE OF COMPLAINT: Consolidated Complaint
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Gutride Safier LLP (New York) 230 Park Avenue, Suite 963, New York, NY, 10169 (voice) 212.579.4625, (fax) 212.253.4272, info@gutridesafier.com Gutride Safier LLP (San Francisco) 835 Douglass Street, San Francisco, CA, 94114 (voice) 212.579.4625, (fax) 212.253.4272, info@gutridesafier.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE REFERENCE COMPLAINT
Stipulation And [Proposed] Order To Amend Case Caption And Case Number For Filing Purposes
Type: Order of Consolidation		Date on the document: 04/12/2007
Memorandum And Order Regarding Defendants' Motion To Dismiss Consolidated Amended Complaint
Type: Order		Date on the document: 6/5/2008
U.S. District Court Civil Docket
Type: Docket		Date on the document: 7/30/2008

OTHER DOCUMENTS
Class Action Complaint for Violations of the Federal Securities Laws - Jury Trial Demanded
Case Name and/or Number: Edward Shaftan, et al. v. Capital Group Companies, Inc., et al.
Type: Complaint		Date on the document: 01/12/2007
Order Striking Documents
Case Name and/or Number: Edward Shaftan, et al. v. Capital Group Companies, Inc., et al.
Type: Order		Date on the document: 2/23/2007
Stipulation And [Proposed] Order To Extend Defendants' Time To Respond To Plaintiff's Complaint
Case Name and/or Number: Edward Shaftan, et al. v. Capital Group Companies, Inc., et al.
Type: Order		Date on the document: 2/26/2007
Order Re Motion For Consolidation; Appointment Of Lead Plaintiff And Approval Of Selection Of Counsel
Case Name and/or Number: Edward Shaftan, et al. v. Capital Group Companies, Inc., et al.
Type: Order		Date on the document: 4/4/2007
U.S. District Court Civil Docket
Case Name and/or Number: Edward Shaftan, et al. v. Capital Group Companies, Inc., et al.
Type: Docket		Date on the document: 7/18/2008

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