Regulation
SEC Charges Could Open Pearson to Securities Lawsuits
With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.
Tag: securities
Pensions
Pittsburgh Pension Settles Lawsuit with Molina Healthcare
Steamfitters Local 449 Pension Plan agreed to drop the case for $7.5 million.
Regulation
Musicians Pension Settles Lawsuit Over ‘Risky’ Investments
Trustees accused of acting like ‘drunken gamblers’ pay nearly $27 million, deny wrongdoing.
Regulation
Boston Pension Fund Files Class Action Lawsuits Against Six Flags, HP
Electrical Workers Pension Fund claims investments in Six Flags and HP tumbled 44% and 30%, respectively.
Regulation
US Treasury Offers Schedule for 20-Year Bond Revival
Auctions will take place each year in February, May, August, and November.
Regulation
Michigan Police Pension Files Securities Lawsuit Against Prudential
Fund alleges insurance giant provided false information that artificially inflated its stock.
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.
SEC Questions Strategy for Thinly Traded Securities
‘One-size-fits-all’ equity market structure ‘may not be optimal’ for low-volume trades.