NEW YORK, Jan. 26, 2017 /PRNewswire/ -- Rosen Law Firm, a
global investor rights law firm, continues to investigate securities claims on behalf of shareholders of State Street Corporation
(NYSE: STT) resulting from allegations that State Street may have issued materially misleading business information to the
investing public.
On January 18, 2017, the U.S. Department of Justice announced that State Street entered into a
deferred prosecution agreement and agreed to pay a $32.3 million criminal penalty to resolve
charges that it engaged in a scheme to defraud a number of the bank's clients by secretly applying commissions to billions of
dollars of securities trades. State Street also agreed to offer an equal amount as a civil penalty to the U.S. Securities and
Exchange Commission, equaling an aggregate settlement of more than $64 million. State Street
admitted the allegations and agreed to a deferred prosecution agreement that requires it to employ an independent corporate
compliance monitor for three years.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by State Street investors. If you purchased
shares of State Street on or before January 18, 2017 please visit the firm's website at http://www.rosenlegal.com/cases-1031.html for more
information. You may also contact Phillip Kim or Kevin Chan of
Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.