Posted by Reuters: Business News on February 3, 2011
NEW YORK (Reuters) – Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by tens of millions of dollars for…



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Posted by Reuters: Business News on July 16, 2010
NEW YORK (Reuters) – American International Group Inc agreed to pay $725 million to settle a long-running securities fraud lawsuit led by three Ohio public pension funds, in one of the largest class action settlements in U.S. history.



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Posted by Reuters: Business News on March 26, 2010
(Reuters) – Los Angeles’s justice department is scrutinizing certain investment transactions of public pension funds, including Calpers, the Wall Street Journal said, citing people familiar with the matter.



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