BP North America is suing Northern Trust because it claims that the bank’s securities lending practices were illegal and lost caused the plans to lose money, according to Planadviser magazine.
A pdf of the complaint is available here.
Northern Trust Sued Over Securities Lending
BP North America is suing Northern Trust because it claims that the bank's securities lending practices were illegal and lost caused the plans to lose money, according to Planadviser magazine. A pdf of the complaint is available here.