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Operative Plasters' and Cement Masons' Local Union Officers' and Employees' Pension Fund et al v. Hooley et al
Case Number:
1:12-cv-10767
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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October 01, 2013
State Street Directors Escape Derivative Suit
A federal judge on Monday tossed a shareholder derivative suit accusing State Street Corp. directors of costing the Boston-based bank billions by blundering oversight of its foreign currency exchanges and mortgage-backed securities, backing an independent committee's decision not to pursue a prior action.
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April 30, 2012
State Street Directors Hit With Shareholder Derivative Suit
A State Street Corp. shareholder launched a derivative suit Monday against current and former directors, claiming they cost the Boston-based bank billions in potential legal damages and real losses through their lack of oversight of its foreign currency exchanges and mortgage-backed securities.