Tag: Lawsuit
Michigan Pension Fund Files Complaint Against ZoomInfo
PSERS, Aon Settle Lawsuit for $7M
The accounting firm admitted to errors in a 2020 risk analysis, significantly disrupting the Pennsylvania education workers’ plan.
GE Retirees Strike Deal to Increase Time Limit to Sue Over Unpaid Pension Benefits
Participants had filed an administrative complaint alleging the company renounced its obligation to pay their benefits.
Pension Fund Sues KKR, Alleging $500M Payout Had ‘No Value’ to Unitholders
Atlanta Pension Settles Price-Fixing Lawsuit Against Taro Pharmaceuticals
Pennsylvania PSERS Drops Aon as Consultant
Ohio Pension Sues Amazon for Snubbing SpaceX in Favor of Blue Origin
Lawsuit alleges that ‘personal rivalry influenced Amazon’s procurement process.’
Michigan Pension Loses Lawsuit Against Unilever Over Ben & Jerry’s Israel Boycott
A federal judge dismissed a case that alleged Unilever misled investors by concealing a board resolution.
Pennsylvania PSERS Sues Aon Over Accounting Error
The pension fund accuses Aon of breach of contract, breach of fiduciary duty and negligence.
Former Ohio Teachers Board Member Sues Pension, Governor
Wade Steen claims he was illegally removed from the board of Ohio’s State Teachers Retirement System.
Ryanair Settles Lawsuit With Alabama Pension Fund
The airline agreed to pay $5 million to the Birmingham fire and police pension fund but denied any wrongdoing.
Wells Fargo Agrees to Pay $1 Billion to Settle Pension-Led Lawsuit
Mississippi’s public employees' fund, a Louisiana sheriffs’ fund and the state of Rhode Island were among the lead plaintiffs.
NYC Pension Funds Sued for Divesting $4 Billion in Fossil-Fuel Assets
The complaint alleges breach of fiduciary duty in ‘misguided and ineffectual gesture to address climate change.’
Florida Pension Sues Fidelity National Over Worldpay Deal
The fintech firm is accused of failing to disclose material information that led to a $17.6 billon write-down.