Tag: Settlement

Asset Allocation June 29, 2021

Transamerica Settles 401(k) Lawsuit for $5.4 Million

The complaint alleged the insurance giant saddled its plan portfolio with proprietary duds.

Pensions April 26, 2021

An Oklahoma pension fund alleged the bank violated federal laws related to residential lending practices.

Risk March 31, 2021

Asset management giant ends class action litigation by paying plan participants $9.65 million.

Regulation December 11, 2020

BlueCrest Capital Management allegedly misled investors about replacing traders with an underperforming algorithm.

August 4, 2020

University agrees to pay $5.8 million and not raise plan fees for three years.

Pensions July 23, 2020

Steamfitters Local 449 Pension Plan agreed to drop the case for $7.5 million.

Regulation April 2, 2020

Trustees accused of acting like ‘drunken gamblers’ pay nearly $27 million, deny wrongdoing.

Corporate Moves February 27, 2020

Payment includes $500 million civil penalty distributed to investors by SEC.

Regulation February 24, 2020

State Treasury says Facebook overpaid Cambridge Analytica settlement by $2 billion to win extra concessions from the feds.

Regulation January 21, 2020

Lawsuit said firm’s alleged fiduciary failures caused plan to lose over $13 million

Newsmakers September 7, 2017

Workers end industrial action for what union calls ‘best possible deal available.’

Industry White Papers

China Fixed Income: a fast-growing and strategic asset class With global government bond yields low or negative, investors are increasingly searching for alternative diversifiers to equities. An active approach to China fixed income can serve as a powerful diversifier in global fixed income portfolios.

Global Currency Market Commentary Monthly review of currency markets reviews evidence of the asynchronous nature of pandemic recovery.

China is Embarking on A New Stage of Growth China is entering its fifth decade of growth, and the conventional view among global investors may falsely point to growth avenues being exhausted.

EMD: Reframing the External vs. Local Debt Debate for 2021 The historical outperformance of external debt has led emerging markets debt (EMD) investors to overweight external debt compared with local debt.