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Union Fund Says Adviser Pushed $30M Bad Investment

By Emily Brill · September 18, 2023, 6:32 PM EDT

A pension fund for union-represented construction workers in Southern California squandered $30 million due to bad advice from an investment adviser, the fund alleges in a new lawsuit filed in California...

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Documents

Complaint

Case Information

Case Title

Construction Laborers Pension Trust for Southern California et al v. Meketa Investment Group, Inc. et al

Case Number

2:23-cv-07726

Court

California Central

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

September 15, 2023

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