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Litigation

Sep. 9, 2014

Counties covet Contra Costa's fix to pension board control quandary

Pension fund attorney Harvey Leiderman's quiet reform to hiring and firing investment managers only affects one county, but others would like to expand the law to apply to them as well.


By Laura Hautala


Daily Journal Staff Writer


A minor spat over how to staff the pension board in Contra Costa County led to a lawsuit, and Harvey Leiderman was in the thick of it. Unions, management, and Leiderman's client - the pension board - became embroiled in litigation with each other over how to hire and fire investment managers. But rather than wait for a decision from the judge, the San Francisco-based Reed Smith LLP partner wrote a bill tha...

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