San Diego, CA -- (SBWIRE) -- 11/18/2014 -- A deadline is coming up on December 16, 2014 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of State Street Corporation (NYSE: STT) between October 17, 2006 to October 21, 2009, including investors who purchased or otherwise acquired State Street common stock pursuant and/or traceable to a registered public offering conducted on or about June 3, 2008.

If you invested a significant amount of shares of State Street Corporation (NYSE: STT) between October 17, 2006 to October 21, 2009, or otherwise acquired State Street common stock pursuant and/or traceable to a registered public offering conducted on or about June 3, 2008, you have certain options and you should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the State Street Corporation (NYSE: STT) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/state-street-corporation-nyse-stt-investor-securities-class-action-lawsuit-12182009

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is December 16, 2014. The class action administrator for this case is Epiq Systems, Inc.

The lawsuit was originally filed in in the U.S. District Court for the District of Massachusetts against State Street Corporation over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between October 17, 2006 and October 19, 2009. According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired securities of State Street Corporation (NYSE: STT) between October 17, 2006 and October 19, 2009, that State Street Corporation and certain of its officers violated the Securities Exchange Act of 1934.

The Complaint alleges that between October 17, 2006 and October 19, 2009 defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about State Street Corporation's business, operations and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose: (1) that State Street Corporation set up a scheme to substantially mark up foreign currency trades; (2) that such scheme caused State Street Corporation’s clients to overpay for such trades; (3) that the scheme allowed State Street Corporation to reap illegal profits; (4) that, as a result, State Street Corporation’s financial results were materially inflated; (5) that State Street Corporation's financial results were not prepared in accordance with Generally Accepted Accounting Principles ("GAAP"); and (6), that State Street Corporation lacked adequate internal and financial controls.

Those who purchased shares of State Street Corporation (NYSE: STT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com