State seeks to be lead plaintiff in class-action pension lawsuit
March 21, 2006 AP Newswire
Massachusetts would become the lead plaintiff in a class-action lawsuit seeking to regain $5 million in lost state pension funds, under a motion filed Tuesday by Attorney General Tom Reilly and Treasurer Timothy Cahill.
A securities class-action case, filed Jan. 20 in federal court in Virginia, accuses the Mills Corp. of defrauding investors by issuing false statements about its financial condition and the status of pre-development projects from Aug. 14, 2003, to Jan. 1, 2006, in violation of the Securities and Exchange Act...