Bay Area
Judge orders release of documents in failed CalPERS real estate investment
A judge has ordered the California Public Employees’ Retirement System to release key documents related to a failed $100 million real estate investment in East Palo Alto. San Francisco Superior Court Judge Charlotte Wollard wrote in her ruling in the lawsuit by the First Amendment Coalition that public interest in the documents “far outweighs any asserted interest in non-disclosure” given the amount of public money lost.