State courts
South Carolina panel tussles with state treasurer
Dispute over private equity capital call is catalyst for hearing before state's Supreme Court.
April 29, 2013
News Corp. settles suit with pension funds
News Corp. has settled a shareholder lawsuit for $139 million relating to breach of fiduciary claims and corporate governance failures related to the company's phone-hacking scandal and the...
April 22, 2013 | 01:51 pm
South Carolina high court drops suit retirement commission brought in spat with treasurer
The South Carolina Supreme Court late Wednesday dismissed a petition filed by the South Carolina Retirement System Investment Commission against state Treasurer Curtis M. Loftis Jr.
April 17, 2013 | 06:17 pm
South Carolina treasurer, retirement commission air dispute before state high court
The South Carolina Supreme Court heard arguments on Tuesday from the South Carolina Retirement System Investment Commission seeking a court order directing state Treasurer Curtis M. Loftis Jr. to...
April 16, 2013 | 04:40 pm
St. Louis Police Retirement System files lawsuit against J.P. Morgan Chase
St. Louis Police Retirement System filed a lawsuit against Chairman and CEO Jamie Dimon and other executives at J.P. Morgan Chase & Co. for breaches of their fiduciary duties related to the bank's...
April 15, 2013 | 03:30 pm
Federal judge drops pension funds' private equity suit against Oppenheimer
A federal lawsuit by two Massachusetts public pension funds that claimed Oppenheimer & Co. had inflated the value of a private equity fund’s holdings was dismissed Thursday.
March 01, 2013 | 12:53 pm
ABP ends MBS suit with Deutsche Bank unit
Stichting Pensioenfonds ABP and Deutsche Bank's Ace Securities Co. ended a lawsuit over sales of residential mortgage-backed securities.
February 05, 2013 | 05:57 pm
Louisiana court rules cash balance plan is unconstitutional
A Louisiana district court judge on Thursday struck down as unconstitutional a recent law establishing a cash balance plan for some employees in three of the state’s pension funds.
January 25, 2013 | 03:37 pm
Florida Supreme Court upholds new law on pension contributions, COLA cuts
The Florida Supreme Court on Thursday upheld legislation requiring state employees to contribute 3% of pay to the $127 billion Florida Retirement System defined benefit plan and eliminating a...
January 17, 2013 | 03:28 pm
N.Y. State Common sues Qualcomm for political spending information
New York State Common Retirement Fund, Albany, sued Qualcomm Inc., San Diego, to review records on political spending.
January 03, 2013 | 02:51 pm
Rhode Island bid to drop judge from reform case rejected by state high court
The Rhode Island Supreme Court refused to hear a request by the state to block a trial judge from presiding over lawsuits from unions and retirees over the creation of a state hybrid pension plan.
December 10, 2012 | 02:20 pm
Former BlackRock fund manager settles lawsuit over contract
Ex-BlackRock fund manager Michael Lipsky settled a lawsuit in which he accused his former employer of wrongfully withholding information on investment results of funds he managed.
