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.
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.
The Supreme Court is to revisit a dispute over whether private equity firms could be liable for pension liabilities of portfolio companies.
Participants of defined benefit plans that are not underfunded do not have standing to sue plan fiduciaries for mismanagement.
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.
The Supreme Court gave DC plan participants more time to file ERISA claims unless they have "actual knowledge" of investments.
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.
Sculptor Capital Management should pay a group of former Och-Ziff investors "at least $150 million" to restore losses from bribery case.
A federal court reversed a lower court's ruling that two separate but related private equity funds were liable for pension liabilities.
ISS filed a lawsuit to halt an SEC requirement that proxy advisory firms disclose how shareholder recommendations are reached.
The fate of the board overseeing Puerto Rico's bankruptcy and fiscal recovery planshung in the balance during Supreme Court arguments.
The Supreme Court declined to review a lower court ruling upholding the validity of security interests by Puerto Rican pension bondholders.
Anheuser-Busch has been ordered to pay $52 million in pension benefits to former employees after they were involuntarily terminated.
The 2019 Supreme Court terms features multiple ERISA cases, SEC enforcement issues and Puerto Rico oversight authority.
A court challenge to a Puerto Rican law that would erase city pension obligations and transfer them to the government was overruled.