Tag: Settlement

Asset Allocation September 22, 2021

Twitter to Pay $809.5 Million to Settle Securities Fraud Lawsuit

The social media company was accused of concealing from investors its stagnant user growth and declining user engagement.

Regulation August 31, 2021

With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.

Asset Allocation June 29, 2021

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.’