Latest Personal Injury Law News

State Street settles shareholder, employee lawsuits for $70 million
Wednesday July 09th 2014, 4:44 pm Filed under Shareholder lawsuit

State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe. The shareholder settlement requires approval by U.S. District Judge George O'Toole, and the employee settlements require approval by U.S ... [News Source]