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LEGAL NEWSLINE

Friday, April 19, 2024

Oklahoma Police Pension & Retirement System

Recent News About Oklahoma Police Pension & Retirement System View More

  • Lawsuit alleges MagnaChip artificially inflated stock price

    By Shaun Zinck |
    A manufacturer of small chips for smartphones is being sued over allegations that it released inaccurate financial data that misled shareholders.  The Oklahoma Police Pension & Retirement System filed the lawsuit on April 21 against MagnaChip and its executives, alleging the company failed to disclose improper revenues and earnings overstatements in 2011, 2012 and the first three months of 2013.