Massachusetts is the latest state to investigate State Street's (STT -0.7%) forex transaction...

|About: State Street Corporation (STT)|By:, SA News Editor

Massachusetts is the latest state to investigate State Street's (STT -0.7%) forex transaction handling, which has drawn lawsuits from California and the Arkansas Teacher Retirement System. One analyst notes any damage should be containable as the transactions' $335M worth of revenue represent just 3.7% of STT's sales. (previously)