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LOS ANGELES -- Attorneys argued Thursday over the class certification of 130,000 California Public Employees' Retirement System policyholders who claim CalPERS violated their contract with rate hikes as high as 85 percent.
Upon entering the courtroom, Los Angeles County Superior Court Judge Ann I. Jones called the case a "big, ugly matter."
"This is a big, ugly matter, because it's a very serious m...
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