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St. Louis police pension fund joins list of litigants saying big banks should pay for manipulating treasuries market

By Stephanie N. Grimoldby | Monday, Sep 28, 2015 @ 10:33am

The Police Retirement System of St. Louis has filed a federal class action lawsuit against nearly two dozen U.S. banks, claiming the institutions have been manipulating the U.S. Department of Treasury’s market since 2008, violating federal anti-monopoly and anti-trust statutes by sharing with each other competitively sensitive information to move prices in their favor, to the detriment of the class members.
Walgreen executives face another shareholder suit alleging deception in earnings forecast, merger

By Jonathan Bilyk | Thursday, Jan 8, 2015 @ 9:51am

Another investor has sued the leadership at Walgreen Co., claiming its executives and directors, acting in the run-up to the culmination of a deal to merge with Europe’s largest retail pharmacy chain, deceived shareholders and government regulators concerning a multi-billion dollar drop in earnings expectations, ultimately eviscerating a large chunk of company capital and robbing investors of large