In an eagerly awaited decision, the U.S. District Court for the Northern District of California ruled in Fairbairn v. Fidelity Investments Charitable Gift Fund (Case No. 18-cv-04881-JSC (Feb. 26, 2021)) that Malcolm and Emily Fairbairn didn’t prove that Fidelity Charitable Gift Fund (Fidelity Charitable) broke its promises or engaged in negligent trading with regard to its contribution to Fidelity Charitable’s donor-advised fund (DAF). The Fairbairns had claimed that Fidelity
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