Comment on 3 pension funds sue 6 big banks over stock-lending business

3 pension funds sue 6 big banks over stock-lending business

NEW YORK (AP) — Three public pension funds are suing six Wall Street banks, saying the banks overcharged investors in what's known as the stock loan market. The suit is being brought by the Iowa Public Employees' Retirement System, the Orange County Employees Retirement System and the Sonoma County Employees' Retirement Association.

 

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