Administration

December 30, 2009 (PLANSPONSOR.com) - Broadcom Corp. said Tuesday it will pay more than $160 million to settle a class action investor lawsuit related to stock option backdating.

December 29, 2009 (PLANSPONSOR.com) – A new report suggests the majority of available financial planning tools are still not effectively addressing the wide range of individual issues related...

December 28, 2009 (PLANSPONSOR.com) –Having imposed a withdrawal queue on distributions from a real estate fund, the Principal now finds itself targeted with a participant lawsuit. 

December 28, 2009 (PLANSPONSOR.com) – The self-proclaimed “Sam Spade of Money Management” is taking a former client to court.

 

December 24, 2009 (PLANSPONSOR.com) - An Amsterdam court has ordered State Street Global Advisors Ltd. to pay 40 million euros ($58 million) in damages to Stichting Pensioenfonds OPG...

December 24, 2009 (PLANSPONSOR.com) - New Jersey's public pension funds spent $166 million on brokerage commissions, advisers' fees and other administrative costs during the last fiscal year, including...

December 23, 2009 (PLANSPONSOR.com) – A federal judge had told the Pension Benefit Guaranty Corporation (PBGC) it must prove it properly terminated the pension plan for Delphi Corp....

December 23, 2009 (PLANSPONSOR.com) – A new government study found that most state and local governments are paying for their retiree health liabilities for active and retired workers...

December 23, 2009 (PLANSPONSOR.com) – Pennsylvania lawmakers have passed a bill that would ban public pension funds from investing in businesses with ties to terrorist nations.

December 23, 2009 (PLANSPONSOR.com) - Atlanta Mayor-elect Kasim Reed announced Tuesday he's forming a panel to tackle the city's pension system costs.

December 22, 2009 (PLANSPONSOR.com) - OppenheimerFunds, Inc. and the state of Illinois have reached an agreement to resolve the state's investigation into the management of its Bright Start...

December 21, 2009 (PLANSPONSOR.com) - Mexico's pension fund industry association said its members will extend until the end of May 2010 an agreement with the government to invest...

December 21, 2009 (PLANSPONSOR.com) – Comverse Technology has agreed to pay $225 million to settle a securities class action over backdated stock options.

December 21, 2009 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced that Visteon Corp. has proposed handing over three of its pension plans to the agency.

December 21, 2009 (PLANSPONSOR.com) – A superior court judge in Alaska has denied Mercer's request to dismiss a lawsuit in which Alaska officials accuse the former actuary of...

December 21, 2009 (PLANSPONSOR.com) – A Los Angeles law firm has filed a suit against State Street Bank and Trust alleging the company improperly inflated its financial performance...

December 18, 2009 (PLANSPONSOR.com) - The past year’s financial market turbulence has many Canadian organizations contemplating - but not yet implementing - actions to better manage the risks...

December 17, 2009 (PLANSPONSOR.com) – The Maryland State Retirement and Pension System has sold off more than one million common shares and $3.5 million in bonds issued by...

December 17, 2009 (PLANSPONSOR.com) - The Board of the California Public Employees’ Retirement System (CalPERS) voted to sponsor state legislation requiring placement agents who solicit public pension fund...

December 17, 2009 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) has approved rules to enhance the information provided to shareholders to evaluate the leadership and compensation policies...