Legal

USI Advisors Inc. has agreed to pay nearly $1.3 million to 13 pension plans to resolve alleged violations of the Employee Retirement Income Security Act.

A Florida police pension fund is suing the satellite broadcaster for not fighting off a takeover attempt. How much sway should investors have in these cases?

The insurance industry continues its fight against the California proposal, which seeks to largely replicate private-sector offerings under state control.

Illinois edged closer to having its worst-in-the-nation credit rating lowered even further as a rating agency declared Thursday that failure to address massivepension problems is a "credit negative" for the state.

A claim by former Waddell & Reed brokers that they were employees of the firm has been summarily dismissed by a U.S. District Court in Southern California.

A task force looking for ways to cover Kentucky's $19 billion public pension shortfall will explore the idea of borrowing enough money through the sale of government bonds to resolve the crisis.