State Street Pays Full Price in Forex Settlement

CNBC.com
February 18, 2011

Eric J. Belfi commented on lawsuits over foreign exchange trading issues


Based on a settlement of 100 cents on a dollar, this should be a wake-up call for all firms to examine the forex issue," said Eric Belfi, a partner at law firm Labaton Sucharow representing an Arkansas pension fund in a proposed class action against State Street on similar forex issues.