U.S. top court buries CalPERS suit over Lehman collapse

Jun 26, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday upheld the dismissal of a securities fraud lawsuit by a big California pension fund against banks in the wake of the 2008 collapse of investment bank Lehman Brothers, ruling the fund waited too long to sue.