State Street says legal reserve may n...

State Street says legal reserve may not be enough

There are 1 comment on the story from Aug 12, 2009, titled State Street says legal reserve may not be enough. In it, reports that:

Two years ago State Street, which manages $1.6 trillion for investors, set aside $625 million to cover costs stemming from lawsuits by clients charging that the company misrepresented its investment strategy.

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#1 Aug 13, 2009
It's about time these people got caught. IM sure the universe of clients who are under water are looking for some satisfaction

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