Religious order sues State Street, SSgA over losses
Sisters of Charity of the Blessed Virgin Mary, Dubuque, Iowa, has filed a civil suit alleging breach of fiduciary duty, breach of trust and unjust enrichment regarding losses from the order’s investment in an SSgA enhanced Dow Jones-AIG Commodities futures strategy.
Sisters of Charity of the Blessed Virgin Mary, Dubuque, Iowa, filed a civil suit against State Street Bank and Trust and SSgA, alleging breach of fiduciary duty, breach of trust and unjust enrichment regarding losses from the order’s investment in an SSgA enhanced Dow Jones-AIG Commodities fut
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