CANADA - The Financial Services Commission of Ontario (FSCO) has formally requested information from the Canadian Union of Public Employees (CUPE) Ontario relating to the investment activity of the Ontario Municipal Employees Retirement System (OMERS) on the back of a lawsuit filed by the union in May.
The lawsuit against OMERS and three of its managers alleges the managers were unjustly enriched at the expense of pension plan members and seeks C$60m in damages from the three managers, to be retu...
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