
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.’
The complaint alleges breach of fiduciary duty in ‘misguided and ineffectual gesture to address climate change.’
The fintech firm is accused of failing to disclose material information that led to a $17.6 billon write-down.
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
The Miami pensions call the bank’s failure to prevent massive error ‘deliberately reckless.’
Class action lawsuit claims firm loaded its retirement plan with high-fee, underperforming proprietary funds.
Lawsuit claims retail giant’s infrastructure investment was a ‘massive, self-imposed, undue drain’ on its finances.
Lawsuit seeks to restore lost benefits for more than 1,100 former St. Clare’s Hospital workers.
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.