The Court for the District of Massachusetts has refused to dismiss a case against three former Putnam Fiduciary Trust Company (PFTC) executives accused of defrauding a defined contribution (DC) plan client and group of mutual funds of around US$4m.
Ex-employees of the Boston-based company - Karnig Durgarian, a former senior managing director and chief of operations, Donald McCracken, a former managing director and head of global operations se...
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