Regulation
Michigan Police Pension Files Securities Lawsuit Against Prudential
Fund alleges insurance giant provided false information that artificially inflated its stock.
Tag: Lawsuits
Regulation
Trader Joe’s Retirement System Hit with Lawsuit Alleging ERISA Breaches
Ex-participants of the popular food chain’s retirement plan bring allegations of ’dramatic’ pains.
Risk
Police Pension Fund Sues Goldman Sachs for 1MDB Records
Sergeants Benevolent Association calls Malaysian scandal ‘worst-ever fleecing of a sovereign wealth fund.’
Research
Miami Pension Files Lawsuit Against Carl Icahn over Insider Trading Allegations
The Miami Firefighter Relief and Pension Fund alleges Icahn purchased shares of HP, knowing that Xerox would offer to purchase them later at a premium.
News
Securities Class Action Suit Filed Against Quad/Graphics
Lawsuit accuses CEO, CFO of misleading investors.
News
Millennial Sues Australian Pension Fund over Climate Change Risks
24-year-old says fund broke the law by not providing information about climate change risks.
News
Goldman Sachs Sued Over 401(k) Plan
Lawsuit alleges firm used underperforming proprietary mutual funds in plan.
Risk
Infosys Faces Class Action Securities Lawsuit
Whistleblower alleges ‘disturbing unethical practices’ by management.
Regulation
Judge Axes Pension Fund Lawsuit over Healthcare Shift
Pension participants filed suit after program’s pullout from healthcare coverage.
Risk
ElectroCore Faces Class Action Headache
Complaint alleges firm misled investors over migraine medicine.
Risk
AT&T Plan Members Sue Over Early Retirement Calculations
Complaint says media giant shortchanged participants who retired early.
Risk
Boston Pension Fund Sues Chemours Over Environmental Liabilities
Lawsuit claims firm misled investors about ‘massive’ liabilities as stock lost half its value.
Asset Management Culture
DeVry Settles Securities Lawsuit with Utah State Pension
School allegedly lied about its work placement rates for graduates.
Australian Regulator Loses Lawsuit Against Wealth Manager IOOF
Court rules APRA failed to prove firm broke pension laws.
Hedge Fund CEO Arrested in Alleged $105 Million Fraud
Charges against Brenda Smith could bring maximum of 100 years in prison.