State Street Faces Investor Suit After $65M Fee Scheme Fine

By Cara Mannion ( January 27, 2017, 8:28 PM EST) -- State Street Corp. and its executives assured shareholders for six years that its financial reporting was accurate but then admitted to overcharging government and pension fund managers across the globe, which cost the company $64.6 million in fines, a putative securities class said Friday in California federal court....

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