The federal board overseeing Puerto Rico's debt restructuring is suing its elected officials to stop a proposed restructuring agreement.
Shareholders' rights to pursue securities fraud class actions based on corporate misstatements were the focus of Supreme Court arguments.
Rules from the SEC aimed at modernizing market data infrastructure are being challenged by U.S. stock exchanges in a federal appeals court.
The Supreme Court will review a petition by Goldman Sachs challenging a class-action suit led by the Arkansas Teacher fund over subprime mortgages.
The global landscape of securities litigation is changing, with the volume and scale of settlements outside of North America growing.
Rhode Island Employees' Retirement System sued Pinterest executives and board members, claiming they fostered a culture of discrimination.
Supreme Court declined to review a ruling against a group of Puerto Rico bondholders seeking pension assets and a share of future revenue.
Investors claiming harm in a foreign bribery scheme involving Och-Ziff's Africa subsidiary will get $136 million in restitution.
Goldman Sachs will pay $2.9 billion to settle criminal and civil penalties in a major bribery scheme involving 1Malaysia Development Bhd.
The Supreme Court has declined to take up two multiemployer pension cases and a challenge by F-Squared Investments' successor trust.
Delphi retirees lost their bid to undo a distress termination of their pension plan by the PBGC after an unfavorable appeals court ruling.
Participants of defined benefit plans that are not underfunded do not have standing to sue plan fiduciaries for mismanagement.
The Supreme Court declined to review a case challenging the ability of a Madoff trustee to recover money transferred offshore.
The Financial Oversight and Management Board overseeing Puerto Rico's recovery plans was properly appointed, justices ruled.
Participants of DB plans that aren't underfunded do not have standing to sue plan fiduciaries for mismanagement, the Supreme Court says.
McClatchy has received a bid from senior debt holders to acquire the publisher and relieve it of its legacy debt and pension obligations.
Puerto Rico's plan to let municipalities off the hook for contributing to the pay-as-you-go pension system violates PROMESA, a court says.
American Federation of Musicians and Employers' Pension Fund trustees have agreed to settle a lawsuit claiming breach of fiduciary duty.
The Supreme Court gave DC plan participants more time to file ERISA claims unless they have "actual knowledge" of investments.
The Supreme Court sends a petition by a Puerto Rico archdiocese involving its pension plan back to a lower court for reconsideration.
McClatchy Co. filed for voluntary Chapter 11 bankruptcy protection while it continues to seek support for a reorganization plan.
Puerto Rico reached an agreement with some bondholders to cut its debt service and ease the commonwealth's emergence from bankruptcy.
A federal appeals court ruled against a group of Puerto Rico pension bondholders seeking pension assets and a share of future revenue.
A second antitrust lawsuit by investors claiming that Cboe Global Markets let traders rig its volatility index has been dismissed.
Sculptor Capital Management should pay a group of former Och-Ziff investors "at least $150 million" to restore losses from bribery case.