Calif. Sues Bank For $200M Pension Fund Fraud

By Elaine Meyer (October 20, 2009, 6:32 PM EDT) -- The state of California slapped State Street Bank & Trust Co. with a $200 million qui tam lawsuit Tuesday over allegations the bank committed "unconscionable fraud" against two of the state's largest pension funds by overcharging for the costs of executing foreign currency trades since 2001....

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