In one of the few cases tied to the subprime meltdown to reach trial, a federal judge in Manhattan ruled Friday that a Prudential unit was entitled to nearly $77 million in damages from State Street Corporation. The judge reduced the award to $28.1 million in consideration of Prudential's share of a previous SEC settlement with State Street.
Debevoise Wins $28 Million Ruling for Prudential in Suit over State Street Investments
February 6, 2012
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