Defendant Name:
State Street Bank and Trust Company
Defendant Type:
Subsidiary of Public Company
Document Reference:
court_doc8_10-cv-10172
Document Details
Legal Case Name
SEC v. State Street Bank and Trust Company
Document Name
Final Judgment as to Defendant State Street Bank and Trust Company
Document Date
25-Feb-2010
Document Format
Civil Proceeding
Case Number
10-cv-10172
Federal District Court
Massachusetts, District of Massachusetts
Federal District Judge
Douglas P. Woodlock
Allegation Type
Securities Offering
Document Summary
On February 25, 2010, Federal District Judge Douglas P. Woodlock entered Final Judgment against State Street Bank and Trust Company, pursuant to the consent of the SEC and State Street Bank and Trust Company. As part of the Final Judgment, State Street's undertaking to pay $255,240,472 to injured investors takes into account a credit of $349,600,887 for payments State Street already made to injured investors including in a class action settlement in the case titled In re State Street Bank and Trust Co. ERISA Litigation, Case 07 Civ. 8488 (RJH).
Disgorgement & Penalty Information
Resolutions
Compliance Related Independent Consultant
Various undertakings
Fair Funds
Monetary Penalties:
Disgorgement
Individual:
$7,331,020.00
Shared:
Civil Penalty
Individual:
$50,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$1,019,161.00
Shared:
