Pa. county fund hires firms for securities monitoring

Northumberland County Employees’ Pension Fund, Sunbury, Pa., hired Schiffrin Barroway Topaz & Kessler and Berger & Montaguefor securities monitoring and litigation services, said Frank Burnette, principal and senior consultant at Morrison Fiduciary Advisors, in an e-mail. Morrison assisted with the search. The firms were hired because the fund “identified (a) fiduciary responsibility to consider opportunities for shareholder litigation,” Mr. Burnette said. A call to Northumberland County was not returned by press time.