US - A federal jury has found in favour of pension funds and other institutional investors in a securities fraud class action against BankAtlantic Bancorp.
In what is believed to be the first securities class action case to arise from the financial crisis to go to jury verdict, two senior officers of BankAtlantic were found guilty of lying about and f...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
