The third largest police union in the United States, the Sergeants Benevolent Association, has reached a $4.5 million settlement with one of the investment firms that had managed its pension fund. The benevolent association had sued Trainer Wortham & Co., one of six firms that it had hired to invest different portions of its $100 million-plus fund, for causing losses of $18 million.
May 31, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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