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

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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Pension scheme reform: The key announcements

Pension scheme reform: The key announcements

PP summarises yesterday’s key government pension announcements

Jonathan Stapleton
clock 06 June 2025 • 2 min read
No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

Torsten Bell talks about the government’s package of pension reform

Jonathan Stapleton
clock 05 June 2025 • 3 min read
DWP to legislate over issues arising from Virgin Media judgment

DWP to legislate over issues arising from Virgin Media judgment

Government confirms retrospective actuarial confirmation of benefit changes

Jonathan Stapleton
clock 05 June 2025 • 4 min read
Trustpilot