WSJ On Litigious Pension Funds

The Wall Street Journal has an editorial (subscrip. req’d) in today’s paper on the relationship between public pension funds and the securities plaintiffs’ bar. The editorial is entitled “Pension Fund Shenanigans” and discusses what the authors describe as “a couple of recent cases show[ing] that some public pension funds are not only failing their own beneficiaries, they are making mischief for well-run corporations.”