Coughlin Stoia Seeks Lead In Manulife Investor Action

Law360, New York (September 28, 2009, 2:45 PM EDT) -- Three retirement funds, represented by Coughlin Stoia Geller Rudman & Robbins LLP, have asked to lead a proposed shareholder class action accusing Canada's largest insurance company, Manulife Financial Corp., and its executives of neglecting to hedge investments and disclose risks.

In a motion filed Friday in the U.S. District Court for the Southern District of New York, Locals 302 and 612 of the International Union of Operating Engineers-Employers Construction Industry Retirement Trust, the Western Washington Laborers-Employers Pension Trust, and the California Ironworkers Field Pension Trust said...
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