State Street says legal reserve may n...

State Street says legal reserve may not be enough

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

Join the discussion below, or Read more at Boston.com.

Johnny BOX O ROCKS

United States

#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

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

State Street Discussions

Title Updated Last By Comments
News Wall Street is keeping its 'Fearless Girl' stat... Mar '17 Nice 1
News Boston's financial giants say 'talent is short'... (Jun '15) Jun '15 dja65 1
News Dental office opens in former Jaea s space (Jun '10) Aug '13 Buzz 28
News Financial Business Update: Doral Financial and ... (Jan '12) Jan '12 Ron 1
News State Street: Growing, but why not here? - Sent... (Dec '10) Nov '11 Dan Armstrong 9
News Starving dog jumps out of window in New Bedford (Oct '11) Oct '11 Squach 2
News Restaurant owner's business has gone sunny-side... (Dec '10) Dec '10 Nice Story 2
More from around the web