News

U.S. Court Says Foreign Wealth Funds Not Always Immune from U.S. Fraud Claims

By Jonathan Stempel Foreign sovereign wealth funds are not automatically immune from U.S. lawsuits claiming that they defrauded investors into buying securities in the United States by making misleading statements outside the country, the federal appeals court in Manhattan ruled. The 2nd U.S. … Read More

Read more here:: Insurance Journal

      

Share ths Blog Posting: