Hints and tips:
...A 2007 civil lawsuit in Massachusetts led by a pension fund in Detroit accused 16 private equity firms of forming consortiums that rigged bids in sale processes....
...The Massachusetts Laborers Annuity Fund, a Cigna shareholder, seized on the Chancery ruling on the termination fee....
...Detroit’s bankruptcy settlement, which saw non-uniformed retirees take a 4.5 per cent cut in their pensions and lose their cost-of-living adjustments in June 2014, showed the stakes....
...The ruling against the plans for these specific pension funds, which aimed to raise contributions and cut benefits of pensions covering city workers and labourers in exchange for bigger contributions from...
...The ruling highlights the diminishing options available for mayor Rahm Emanuel to stabilise four of the city’s pension funds, and adds to what has become an increasingly difficult second term for the mayor...
...Mr Lopez, who joined from Watermark Investment Advisors, replaces Michael Walsh, who left in October to become the CIO of the Laborers’ Annuity and Benefit Fund of Chicago....
...McAfee, a software security maker, was sued on Monday in federal court in the Northern District of California by the Heavy & General Laborers’ Pension and Annuity Funds, alleging “constructive fraud” through...
International Edition