US - A coalition of seven public pension systems has called on the boards of major US banks to immediately undertake independent examinations of the banks' mortgage and foreclosure practices.
US - The state of Oregon is suing the former Bear Stearns for allegedly misleading investors, including the state's pension fund, in mortgage-backed securities.
US - The state of Oregon has sued Arizona-based Apollo Group for $10m amid claims it deceived investors.
US - Blackstone Group LP, the world's biggest private-equity firm, won a $200m commitment for its sixth buyout fund from the Oregon state pension system after agreeing to fee concessions.
US - The American International Group has agreed to pay US$725m to settle a class action suit brought by three Ohio pension funds alleging bid-rigging, stock price manipulation and accounting fraud.
US - The American International Group (AIG) has agreed to pay US$8m to settle a lawsuit launched by the Oregon Public Employees Retirement System (PERS), which accused the insurer of poor disclosure and bid-rigging.