By popular demand, here is The Jorstad Complaint, obtained from the U.S. District Court for the District of Massachusetts. Click on each thumbnail to see the larger, legible page.The exhibits are especially interesting, and appear after the horizontal line, for quick reference. They memorialize how State Street executives tried to force Jorstad to sell his shares.
Why were the key executives at State Street so eager to prevent Jorstad and Smith from talking to third parties (e.g., regulators, law enforcement officials, pension plan managers, and institutional shareholders) about the risks to be found on State Street's balance sheet and shoddy internal controls apparatus?
Why were the key executives at State Street so eager to forcibly eject Jorstad from the company's own pension plan (which may well prove to have been harmed by State Street management's actions)?
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