Louisiana Pension Sues Over 'See-Through' Yoga Pants
A class action lawsuit has been filed against the famed yoga wear company for allegedly hiding fabric defects which did little to hide wearers' behinds.
Regulation
What Would a US Shutdown Mean for Investors?
How the Securities and Exchange Commission is preparing for a government closure.
Infrastructure Investing Isn’t Homogenous—So Why are the Solvency Rules?
Investors concerned by Solvency II’s broad-brush approach to infrastructure take heart: there’s a fight on to change the regulator’s mind.
Indiana Pension’s Outsourced Annuity Plan Rankles Lawmakers
The retirement system’s decision to hire a third-party, private-sector annuity provider has left some legislators questioning whether the fund is fulfilling its mandate.
Detroit Pension Denied Bank Redress
A multi-million dollar fraud claim has fallen on deaf ears.
Despite FX Lawsuit, Florida SBA Rehires Custodian BNY Mellon
BNY Mellon is expected to handle Florida’s $166 billion in assets for another five years.
The Politics of Pensions
State lawmakers' voting records show that until 2009, Republicans and Democrats alike supported boosting pension benefits more than 90% of the time.
US Labor Department Approves Provocative AT&T Deficit Deal
The telecommunication giant will put up to $9.5 billion of preferred equity into its pension plan.
Another Day, Another Cut Lifeline for Illinois’ Public Pensions
The summer break has done nothing to draw attention away from mounting pension debt in Springfield, IL.
UBS Securities Case Thrown Out By Supreme Court
A consortium of Puerto Rican pension funds has seen their hopes for compensation over alleged mishandling of securities dashed.
Pension Loses Battle with Moody’s over Securities Misrepresentation
A six-year battle has been ended by a judge in Manhattan, finding on the side of Moody’s.
Settlement Success for Californian Pension over Lehman Brothers Notes
JP Morgan agrees to pay millions to settle case about mishandling pension money.
PGGM and AP7 Consider Libor Legal Action
Two of Europe’s pensions giants consider taking Libor-manipulating banks to court, but is it worth it?
CalPERS Presses SEC for Better Investor Support
Credit rating agencies, proxy voting reform, and encouraging investor engagement—CalPERS wants the SEC to do more.
Lockheed to Face Class Action on Alleged Mis-Managed Low-Risk 401(k) Fund
Class action status has been granted in a bitterly contested case over an alleged poorly invested stable value fund.