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Florida police pension sues First Republic after losing $600K on stock

Por: Newsweek Business April 25, 2023

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A Florida police pension fund filed a lawsuit against First Republic Bank this week after the fund lost over $600,000 in stocks.On Tuesday morning, lawyers for the City of Hollywood Police Officers Pension Fund filed a class action lawsuit in the District Court in the Northern District of California against the First Republic Bank alleging that the bank misrepresented the strength of the Company's balance sheet, liquidity, and position in... + full article



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