Latest Personal Injury Law News

State Street reaches $60 mln settlement over forex pricing
Wednesday July 09th 2014, 10:43 am Filed under Shareholder lawsuit

State Street Corp has reached a $60 million settlement of a shareholder lawsuit that accused it of overcharging clients for foreign exchange services, and falsely stating it invested only in "high quality" assets, according to a court filing. Shareholders claimed that State Street's unauthorized "mark-ups" on foreign exchange transactions added potentially hundreds of millions of dollars to the ... [News Source]