Saturday, September 30, 2023
Courthouse News Service
Saturday, September 30, 2023 | Back issues
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Shareholder Class Action

State Street Corp. (State Street Bank) misrepresented its exposure to "billions of dollars in losses on investments in off-balance sheet conduits, in the company's securities lending program and in its own investment portfolio," a class action claims in Boston Federal Court.

Insiders dumped more than $300 million in shares of Stryker Corp., a medical device company, while propping up the share price by false and misleading statements, shareholders claim in Manhattan Federal Court.

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