U.S. top court buries CalPERS suit over Lehman collapse

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday upheld the dismissal of a securities fraud lawsuit by a big California pension fund against banks in the wake of the 2008 collapse of investment bank Lehman Brothers, ruling the fund waited too long to sue.

U.S. top court buries CalPERS suit over Lehman collapse
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