Mineworkers and British Coal schemes succeed in a rare US securities fraud class action case

Holly Roach
clock • 5 min read

Holly Roach reports on how the schemes won a US class action case, reaching a $350m settlement.

The Mineworkers' Pension Scheme and the British Coal Staff Superannuation Scheme have been successful as lead plaintiffs in a US securities fraud case, securing a $350m (£270m) settlement on behalf...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Sackers publishes latest ESG guide

Sackers publishes latest ESG guide

TPR’s General Code, TNFD, SDR, SIPs and fiduciary management covered

Jasmine Urquhart
clock 15 February 2024 • 6 min read
Legal Review: Is 2024 the year of UK CDC?

Legal Review: Is 2024 the year of UK CDC?

Chris Sharpe looks at the raft of recent and upcoming CDC regulations

Chris Sharpe
clock 15 February 2024 • 4 min read
HMRC publishes lifetime allowance guidance

HMRC publishes lifetime allowance guidance

February update sets out list of frequently asked questions on LTA for industry

Martin Richmond
clock 13 February 2024 • 2 min read
Trustpilot