March 06, 2020
Northern Trust won an early exit from a mother-daughter duo's suit accusing the financial services firm of self-dealing when a California federal judge found Thursday that its investment strategy for their personal trusts was carried out within the law.
January 28, 2020
Northern Trust is asking a California federal court for an early win in a suit brought by a mother-daughter pair who accuse the financial services firm of investment self-dealing and other violations, arguing that its investment strategy for their personal trusts was "reasonable and appropriate."
December 09, 2019
A California federal judge has roundly rejected a class certification bid brought by a mother-daughter pair in their lawsuit accusing Northern Trust of investment self-dealing and other fiduciary breaches in its oversight of thousands of personal trusts.
November 04, 2019
A mother-daughter pair asked a California federal court on Monday to certify several proposed trust classes in their recently revived lawsuit accusing Northern Trust of investment self-dealing and other fiduciary breaches in its oversight of thousands of personal trusts.
July 08, 2019
The Ninth Circuit has ruled that the beneficiary of a trust managed by Northern Trust Co. can indeed bring imprudent investment claims against the company because she had no control over its trading strategy.