US - Shareholders led by an Illinois pension fund have received $89.4m from Del Monte and Barclays Capital after being cashed out of a private equity buyout deal.
US - Two US pension funds have sued Morgan Stanley accusing the bank's board of breaches of fiduciary duty and unjust enrichment for failing to administer its compensation plans in the best interests of the company and its shareholders.
US - The City of Westland Police & Fire Retirement System filed a class action lawsuit against Alcon, Novartis and Nestlé, alleging that Novartis' recent public offer for Alcon discriminated minority shareholders.