US - Pension funds could see pending class action lawsuits in the US dismissed following the ruling taken on the so-called 'Stoneridge case' in the US Supreme Court.
The ruling, now passed into case law, means investors can only prosecute third party companies (such as financial intermediaries and advisers) in corporate fraud cases if they can prove they depend...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
