Instructions: In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision. Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. The four incorrect answers are other holding statements. You should find the correct option. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
Input: Prema Mathai-Davis, Lewis Pennock, Ruth Quigley, Loius Sklar, Robert Graham, and Mark Williamson are the trustees of the three nomi nal defendants: AIM Sector Funds, AIM Combination Stock & Bond Funds, and AIM Stock Funds ("Nominal Defendants"). See Document No. 8 13-16. 4 . It is undisputed that the Funds qualify as registered investment companies under the ICA. See 15 U.S.C. 80a-2(8); 80a-3. 5 . This fiduciary duty is breached when the investment advisor, or an affiliated person, charges "a fee that is so disproportionately large that it bears no reasonable relationship to the services rendered and could not have been the product of arm's-length bargaining." Gartenberg v. Merrill Lynch Asset Mgmt., Inc., 694 F.2d 923, 928 (2d Cir.1982). 6 . See Green, 147 F.Supp.2d at 330 (<HOLDING>); Halligan v. Standard & Poor's/Intercapital,
Holding statements: (A) holding that even though attorneys fees were not properly awardable under rule 68 costs excluding fees were mandatory (B) holding that awarded fees were reasonable and that proof that attorneys fees are necessary apart from testimony as to the reasonableness of the fee is not required (C) holding that each plaintiff is liable for fees if he would have been entitled to his fees if he had prevailed (D) holding that investment advisors officers whose salaries came from fees paid to the investment advisor were not liable under 36b even though they may have indirectly received fees (E) holding that a wife was able to pay her own attorneys fees because she had an investment account of 16000 which could be liquidated to pay the fees
Output:
(D)