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Pension fund estimate reaches $176 billion
NEW YORK (AP) — New York’s pension fund for state and local government workers has reached a record high of $176.2 billion, with a 13 percent return on investment last year, riding a bull market for stocks, Comptroller Thomas DiNapoli said Monday. The Common Retirement Fund also paid a record $9.7 billion to beneficiaries in […]
Cuomo proposes pension fund restrictions
Gov. Andrew M. Cuomo is directing the Insurance Department to issue permanent regulations banning placement agents, lobbyists and — for the first time — elected officials from any pension fund business.
Ex-comptroller Hevesi gets 1-4 years in prison
NEW YORK CITY — Former New York state comptroller Alan Hevesi was sentenced to one to four years in prison Friday for his leading role in an influence-peddling scandal at the state's massive pension fund.
Adviser gets prison in NY pension fund scheme
NEW YORK CITY — A former top political consultant to New York’s disgraced ex-comptroller was led off to prison Thursday after a judge sentenced him to at least a year and four months behind bars for his pivotal role in an influence-peddling scandal ...
Figure in pension fund scandal to plead guilty
NEW YORK CITY — Officials say a longtime adviser to New York's disgraced former state comptroller has agreed to plead guilty in an influence peddling scandal. Political consultant Hank Morris was charged last year ...
Report: Steven Rattner close to deal with SEC
NEW YORK CITY — The Securities and Exchange Commission could vote to settle a securities case with former Obama administration car czar Steven Rattner, according to published reports on Thursday.
DiNapoli, Wilson face off on pension fund
The New York state comptroller is the steward of nearly all taxpayer money, but the race for the seat historically has not generated too much public interest — until this year. Current Comptroller Thomas DiNapoli and candidate Harry Wilson ...
DiNapoli defends state pension plan
New York Comptroller Thomas DiNapoli defended the New York state pension system on Wednesday, detailing the state’s 26 percent of return on investments in the pension fund for the past fiscal year.
NY pension fund settles with Countrywide
ALBANY — New York pension fund officials said Friday they’ve reached a proposed $600 million settlement of securities fraud allegations against mortgage lender Countrywide Financial Corp.
Case Digests
- NYS Advisory Committee on Judicial Ethics – Attorney misconduct: Opinion 22-164
- NYS Advisory Committee on Judicial Ethics – Independently written bench book: Opinion 22-163
- Fourth Department – Suppression: People v. Saeli
- Second Circuit – RICO: Horn v. Medical Marijuana Inc.
- NYS Advisory Committee on Judicial Ethics – Uncompensated interview: Opinion 22-159
- NYS Advisory Committee on Judicial Ethics – Uncompensated guest speaker: Opinion 22-158
- Fourth Department – Negligent performance: Rosenthal v. Syracuse University, et al.
- Second Circuit – Visual Artists Rights Act: Kerson v. Vermont Law School Inc.
- NYS Advisory Committee on Judicial Ethics – Former foreclosure referee: Opinion 22-157
- NYS Advisory Committee on Judicial Ethics – College honorarium: Opinion 22-156
- Second Circuit – Reasonable accommodation: Tafolla v. Heilig
- Fourth Department – Labor Law: Primisch v. Peroxychem LLC
Law News
- Appeals court upholds Supreme Court ruling
- Assistant district attorney appointed City Court judge by Rochester mayor
- Murder conviction affirmed despite trial judge error
- NY appeals court upholds conviction in burglary case
- Federal lawsuit reinstated against jail officer over strip search, delayed release
- Hyzon to pay $25M penalty to settle alleged fraud charges by SEC
- NY appeals court reinstates lawsuit over contract to remove snow
- Fourth Department affirms $400K judgment in contract dispute
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