Securities
May 19, 2010
More Cities Join Investment Suits
Richmond, Redwood City, the San Francisco Redevelopment Agency and the East Bay Municipal District joined more than a dozen other public agencies filing complaints against investment banks alleging price-fixing on investment returns.
Daily Journal Staff Writer
Richmond and Redwood City, the San Francisco Redevelopment Agency and the East Bay Municipal District joined more than a dozen other public agencies around the country and filed complaints in federal court in Manhattan against several major investment and commercial banks including Goldman Sachs. Filed by Burlingame's Cotchett, Pitre & McCarthy, the suits mark an expansion of antitrust liti...
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