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Baltimore Co. retirement system sued over $25M loan
Feb 7th 2013, 11:43

Staff Baltimore Business Journal Baltimore County's retirement system is being sued over a $25 million loan taken from the pension fund to update recycling facilities in Cockeysville, the Baltimore Sun reported. The Baltimore County Fraternal Order of Police Lodge No. 4 claims the loan reflects a breach of duty and that the retirement system's board did not properly seek enough advice on the consequences of the loan or obtain adequate security. Read More at Baltimore Sun Related links: Baltimore County Industries: Legal Services, Human Resources Comments If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy...

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