In re State Street Bank and Trust Co. ERISA Litigation

  1. February 03, 2012

    State Street's Subprime Bets Cost Prudential $77M: Judge

    State Street Bank and Trust Co. caused $77 million in losses to two Prudential Retirement Insurance and Annuity Co. retirement funds by investing them in risky subprime mortgage-backed securities as the housing market collapsed in 2007, a New York federal judge ruled Wednesday.

  2. October 02, 2008

    Judge Keeps ERISA Suit Against State Street Alive

    Prudential Financial Services Inc.'s lawsuit against State Street Corp. over about $80 million in losses nearly 200 retirement plans suffered in the subprime mortgage meltdown can proceed, a federal judge ruled Tuesday.