US - The state of Oregon is suing the former Bear Stearns for allegedly misleading investors, including the state's pension fund, in mortgage-backed securities.
Oregon Treasurer Ted Wheeler and attorney general John Kroger said the Oregon Public Employee Retirement Fund lost $17m through investments in mortgage-backed securities sold by the firm in 2006 an...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders