California Public Employees’ Retirement System v. ANZ Securities - Post-Argument SCOTUScast

California Public Employees’ Retirement System v. ANZ Securities - Post-Argument SCOTUScast

From: SCOTUScast
0 0 about 1 year ago
2 Plays 161 Downloads
On April 17, 2017, the Supreme Court heard oral argument in California Public Employees’ Retirement System v. ANZ Securities. Between July 2007 and January 2008, Lehman Brothers raised over $31 billion through debt offerings. California Public Employees’ Retirement System (CalPERS), the largest pension fund in the country, purchased millions of dollars of these securities. CalPERS sued Lehman Brothers in 2011, and their case was merged with another retirement fund’s putative class action suit ... See More

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