Defendant Name:
State Street Bank and Trust Company
Defendant Type:
Subsidiary of Public Company
Document Reference:
2010-21-Civil
Document Details
Legal Case Name
SEC v. State Street Bank and Trust Company
Document Name
SEC Charges State Street For Misleading Investors About Subprime Mortgage Investments; Boston-Based Firm to Settle Charges by Repaying Fund Investors More Than $300 Million
Document Date
04-Feb-2010
Document Format
Civil Proceeding
Case Number
10-cv-10172
Federal District Court
Massachusetts, District of Massachusetts
Allegation Type
Securities Offering
Document Summary
On February 4, 2010, the SEC announced in a Press Release that it: "charged Boston-based State Street Bank and Trust Company with misleading its investors about their exposure to subprime investments while selectively disclosing more complete information to specific investors."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution