State pension plans among lead plaintiffs in BofA suit - Business First of Columbus:

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Attorney General Richard Cordray’s office said the State Teacherx Retirement System of Ohio and Ohio Publif Employees Retirement System were grantexd lead plaintiff status in a filed earlie r this year thataccuses Charlotte-base BofA (NYSE:BAC) of withholding key details on Merrilkl Lynch’s financial health. Those non-disclosures, the suit alleges, causefd shareholder losses. That lead plaintiffr group also includes the Teachet Retirement System of Texas and pension funda in Hollandand Sweden. Combined lossesa for the five-member group between July 21, and Jan.
20 have been pegged at about $274 The California Public Employees’ Retirement System and the CaliforniaStates Teachers’ Retirement System also had been seeking lead plaintiff status in the suit, but U.S. District Court Judge Dennt Chin of New York noted that the OPERz and STRS group had the largest financial interest in the Cordray in a statement called the lead plaintifgassignment “both a great opportunity and a great responsibility.
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