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The Arkansas Teacher Retirement System trustees on Friday voted to authorize the system to be lead plaintiff in a class-action lawsuit against the London-based information services and analytics company Clarivate, after the system's legal counsel estimated that roughly $2.5 million to $3 million in investment losses are at stake.

The Arkansas Teacher Retirement System trustees on Friday voted to authorize the system to be lead plaintiff in a class-action lawsuit against the London-based information services and analytics company Clarivate, after the system's legal counsel estimated that roughly $2.5 million to $3 million in investment losses are at stake.