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Attorney General Madigan Recovers $20 Million for Illinois Pension Systems

Royal Bank of Scotland
Royal Bank of Scotland (Source: Fosse Liquitrol)

$20 Million Settlement Reached with Royal Bank of Scotland Over Sale of Risky Mortgage-backed Securities; Proceeds to be Distributed to the Teachers Retirement System of the State of Illinois, the State Universities Retirement System of Illinois, and the Illinois State Board of Investment, which oversees the State Employees’ Retirement System.

Chicago —(ENEWSPF)—July 5, 2018
By: Rosemary Piser

Attorney General Lisa Madigan has announced a $20 million settlement with Royal…

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