Mineworkers and British Coal schemes succeed in a rare US securities fraud class action case

Holly Roach
clock • 5 min read

Holly Roach reports on how the schemes won a US class action case, reaching a $350m settlement.

The Mineworkers' Pension Scheme and the British Coal Staff Superannuation Scheme have been successful as lead plaintiffs in a US securities fraud case, securing a $350m (£270m) settlement on behalf...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Many savers still not accessing guidance or advice ten years on from pension freedoms, IFoA says

L&G achieves Living Pension employer accreditation

More on Law and Regulation

TPR formally extends its oversight to professional trustee firms
Law and Regulation

TPR formally extends its oversight to professional trustee firms

Watchdog says move will help identify and mitigate any risks to pension savers

Martin Richmond
Martin Richmond
clock 02 April 2025 • 2 min read
FCA thinking on using pension pots for house deposits 'a welcome development'
Law and Regulation

FCA thinking on using pension pots for house deposits 'a welcome development'

Regulator ponders the merits of radical thinking on pension savings

Jonathan Stapleton
Jonathan Stapleton
clock 01 April 2025 • 4 min read
Robin Ellison – Regulators in the firing line
Law and Regulation

Robin Ellison – Regulators in the firing line

PP’s regular columnist says the political forces are changing when it comes to regulation

Robin Ellison
clock 24 March 2025 • 11 min read
Trustpilot