New York City pension funds sue Wal-Mart
NEW YORK — A group of New York City pension funds is suing current and former Wal-Mart executives, saying they mishandled an alleged bribery scheme at the world's largest retailer. The group filed a lawsuit on Monday in the Chancery Court of Delaware …
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Largest Public Pensions Report Record Investment Earnings
U.S. public pension funds have been struggling to restore funding levels since the recession left many with fewer assets to pay future benefits to retirees. States by 2010 had 74.6 percent of the assets needed to pay pension obligations, down from 82.8 …
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