Reuters logo
25 天前
U.S. top court buries CalPERS suit over Lehman collapse
2017年6月26日 / 下午2点13分 / 25 天前

U.S. top court buries CalPERS suit over Lehman collapse

1 分钟阅读

WASHINGTON, June 26 (Reuters) - The U.S. Supreme Court on Monday upheld the dismissal of a securities fraud lawsuit by a big California pension fund against banks in the wake of the 2008 collapse of investment bank Lehman Brothers, ruling the fund waited too long to sue.

The justices ruled 5-4 at a New York federal appeals court was correct in throwing out the California Public Employees' Retirement System's suit because a class action case the fund had temporarily participated in did not extend the deadline for it to sue on its own.

Reporting by Andrew Chung; Editing by Will Dunham

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below