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MissPERS Seeks Return To $950M RBS Securities Suit

Law360 (January 26, 2011, 8:17 PM EST) -- A Mississippi pension fund has asked a federal judge to reconsider her decision dismissing it from a $950 million securities fraud suit brought against the Royal Bank of Scotland Group PLC by a group of U.S. investors.

The Mississippi Public Employees Retirement System urged Judge Deborah Batts to add the fund back to the suit as a preferred shares plaintiff in a motion for reconsideration filed in the U.S. District Court for the Southern District of New York on Tuesday.

Judge Batts had dismissed the claims...
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