PROVIDENCE, RI -- General Treasurer Seth Magaziner today announced the Employees' Retirement System of Rhode Island has pursued leadership roles in two class action lawsuits against fossil fuel industry giants BP and Plains All American for oil spills that harmed investors and hurt the environment.
General Treasurer Seth Magaziner today provided a market update to discuss the impact of August's sharp stock market decline on the investments of everyday Rhode Islanders and the state's pension system.
"Financial markets can be volatile and uncertain," Magaziner said during a five-minute...