October 01, 2013
A federal judge on Monday tossed a shareholder derivative suit accusing State Street Corp. directors of costing the Boston-based bank billions by blundering oversight of its foreign currency exchanges and mortgage-backed securities, backing an independent committee's decision not to pursue a prior action.
April 30, 2012
A State Street Corp. shareholder launched a derivative suit Monday against current and former directors, claiming they cost the Boston-based bank billions in potential legal damages and real losses through their lack of oversight of its foreign currency exchanges and mortgage-backed securities.