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Kenney v. State Street Corporation et al
Case Number:
1:09-cv-10750
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berman Tabacco
- Day Pitney
- Gesmer Updegrove
- Hutchings Barsamian
- Martin G. Weinberg Attorney at Law
- Skadden Arps
- Stull Stull
- WilmerHale
Companies
Sectors & Industries:
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July 09, 2014
State Street Forks Over $70M To Settle 3 MBS Actions
Asset manager State Street Corp. agreed Tuesday night to pay $70 million to investors and employees who said the company mischaracterized its mortgage-backed securities investments as "high quality" in late 2008, months before their value declined by $10 billion.
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December 10, 2010
Judge Nixes Final Claim In State Street ERISA Suit
A federal judge has tossed the last remaining claim in a proposed Employee Retirement Income Security Act class action against State Street Corp., finding that because the named plaintiff had admitted to not reading the alleged misstatement he could not prove that he had relied on it.