Sentences with phrase «public pension funds sued»

On Aug. 16, three U.S. public pension funds sued six major investment banks alleging collusion in the provision of stock lending services.

Not exact matches

This concept is rooted in ongoing efforts supported by the labor movement to allow public and private pension funds to sue Wall St. firms for pension losses.
A press conference will be held to call for reforms to the state's Martin Act to allow the Attorney General to sue on behalf of public pension funds for pension losses due to securities fraud.
Maybe its different in the US where you seem to sue each other for no reason other than to boost the lawyers pension funds by a process of mutual self - impoverishment, but what I describe is how it is in my 30 - year IT experience in the UK — largely with large and medium sized commercial organisations — finance, banking, retail, engineering and public service sectors.
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