May 02, 2012
A New York federal judge on Wednesday blessed State Street Corp.'s $6.25 million settlement with a putative class of investors who were allegedly duped into investing in a mutual fund tied to the ill-fated subprime mortgage market.
April 01, 2011
A New York federal judge on Friday shot down a class action complaint over alleged misrepresentations by State Street Corp. in mutual fund documents, in a decision an attorney said could "sharply constrain" similar suits against mutual funds.
March 25, 2011
An attorney for State Street Corp. asked a New York federal judge Friday to toss a suit from multidistrict litigation over alleged misrepresentations of a mutual fund's subprime investments, arguing that investor behavior would not have changed with additional prospectus information.
October 30, 2009
Pension plan trustees who accused State Street Bank & Trust Co. of gambling their investments on risky subprime mortgage investments have received preliminary approval of an almost $90 million settlement, despite the bank's “novel contention” that the deal might not benefit the plaintiffs.