Former CalPERS Official Villalobos Denies Fraud Accusations

Alfred R. Villalobos, a former CalPERS official accused of serving as a placement agent, denied fraud accusations in a statement yesterday, saying the attorney general's suit against him was filled with significant factual errors.

Pension Funds vs. Buffett in Goldman Battle

US pension funds and other shareholders have aggressively sued Goldman Sachs in the wake of SEC fraud charges, but the Oracle of Omaha defends the bank's credibility.

SEC Says Money Manager Stole $3M From Detroit Pensions

Onyx Capital Advisors, a firm that invests in small and medium enterprises in the Midwestern and Southeastern US states, and its founder have been charged with fraud for stealing millions of dollars from Detroit pension funds.