US - The New York State Common Retirement Fund has agreed a $4.25m settlement in a securities fraud law suit against Merrill Lynch.
The fund negotiated the final settlement with Bank of America, which purchased Merrill Lynch and opted out of a similar class action suit, expecting to recover substantially more in damages than th...
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