Supreme Court shuns State Street's effort to halt GM stock lawsuit

The U.S. Supreme Court on Monday rebuffed an effort by State Street Bank & Trust to stop a class-action lawsuit claiming that it had breached its fiduciary duty by failing to sell General Motors Corp. stock in the firm's 401(k) plans before the company began Chapter 11 bankruptcy proceedings.

*Bold labels indicate required fields.

E-mail Article

Send me a copy of this message

E-mail sponsored by: