Groups call for investigation into NY state pension funds over possible ties to ‘predatory’ legal lenders
![Groups call for investigation into NY state pension funds over possible ties to ‘predatory’ legal lenders](https://nypost.com/wp-content%2Fuploads%2Fsites%2F2%2F2024%2F05%2Fnewspress-collage-je20ixkq8-1715551900802.jpg?quality%3D90%26strip%3Dall%261715537524)
“This industry’s pernicious business model employs usurious interest rates to prey on injured New Yorkers – and our cities and towns, schools and hospitals, and other public entities are footing the bill,” the groups write in the letter.