Latest Personal Injury Law News

State Street settles shareholder, employee lawsuits for $70 mln
Wednesday July 09th 2014, 3:39 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. "We continue to deny the allegations made in these lawsuits," State Street said in a statement. Custodial banks such as State Street, Bank of ... [News Source]