Virginia Retirement System and Alberta Investment Management Corp. may proceed with their class-action securities lawsuit against MF Global Holdings Ltd.; Jon S. Corzine, who was its chairman and...
November 13, 2013 | 03:54 pm
Standard & Poor's is asking a California judge to rule that its credit ratings are opinions protected by state law.
November 13, 2013 | 11:59 am
Illinois State Universities Retirement System, Champaign, accused J.P. Morgan Chase, Goldman Sachs, Bank of America, and 11 other global banking institutions and dealer groups for monopolizing the...
November 11, 2013 | 03:59 pm
Alphametrix was accused of misappropriating $2.8 million belonging to pool participants in a lawsuit filed by the Commodity Futures Trading Commission.
November 05, 2013 | 12:43 pm
S.A.C. Capital Advisors and three affiliated companies will plead “guilty to every count” of an insider-trading indictment and will pay an additional $1.2 billion to settle charges.
November 04, 2013 | 02:27 pm
Sunkist Growers Inc. and its pension plan fiduciaries were ordered by a federal judge to restore $1.6 million in plan losses to the company's three defined benefit plans. Sunkist Growers must also...
November 01, 2013 | 09:11 am
CalPERS will appeal a judge’s ruling that found the city of San Bernardino eligible to remain in Chapter 9 bankruptcy.
October 18, 2013 | 01:31 pm
A federal judge questioned whether pension rights for Detroit's municipal workers can be guaranteed by the Michigan Constitution, as claimed by current and retired employees seeking to have the...
October 16, 2013 | 11:48 am
California filed a lawsuit against the Department of Labor on Friday for “improperly denying federal grants to California public transit works after it erroneously concluded that the pension...
October 04, 2013 | 05:47 pm
International Paper Co. agreed to pay current and former employees a total of $30 million to settle a class-action lawsuit.
October 01, 2013 | 03:48 pm
Kevyn Orr, the state-appointed emergency manager handling Detroit's bankruptcy, proposed closing and freezing the city's pension plans effective Dec. 31, confirmed William Nowling, Mr. Orr's spokesman.
September 27, 2013 | 02:45 pm
A federal judge in San Francisco on Monday dismissed a mortgage industry lawsuit led by Wells Fargo Bank that tried to block the plan by the city of Richmond, Calif., to use eminent domain to seize...
September 18, 2013 | 10:37 am
A new slate of plaintiffs has joined a federal lawsuit against Fidelity Investments that alleges the firm put its own workers into costly proprietary funds in the firm's profit-sharing plan even...
September 10, 2013 | 11:52 am
The exchange of evidence in the government's forfeiture lawsuit against S.A.C. Capital Advisors was delayed by a judge until Jan. 6 while the U.S. pursues insider-trading prosecutions tied to the...
September 05, 2013 | 03:46 pm
San Bernardino, Calif., was deemed eligible to remain in bankruptcy by a judge who rejected arguments by the $264.6 billion California Public Employees' Retirement System that the city didn't qualify ...