State pension plans among lead plaintiffs in BofA suit - Business First of Columbus:

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Attorney General Richard Cordray’s office said the State Teacherzs Retirement System of Ohio and Ohio Publicc Employees Retirement System were granted lead plaintiff status in a filefd earlier this year thataccuses Charlotte-based BofA (NYSE:BAC) of withholding key detailzs on Merrill Lynch’s financial health. Those non-disclosures, the suit alleges, caused shareholder That lead plaintiff group also includes the Teacher Retirementf System of Texas and pension funds in Holland and Combined losses forthe five-member group between July 21, and Jan.
20 have been pegged at about $274 The California Public Employees’ Retirement System and the California State Retirement System also had been seekingb lead plaintiff status inthe suit, but U.S. Districyt Court Judge Denny Chin of New York noter that the OPERS and STRS group had the largest financial interest inthe case. Cordray in a statemenr called the lead plaintiffassignment “both a grea t opportunity and a great responsibility.
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