BRIEF-Morningstar, in May, investors put $13.1 bln into U.S. Equity passive funds, down from $17.1 bln in April 2017
* Morningstar Inc - in May, investors put $13.1 billion into u.s. Equity passive funds, down from $17.1 billion in April 2017
June 7 The United States has intervened in a lawsuit accusing the city of Los Angeles of falsely certifying that millions of dollars of federal funds it received were being used to build housing accessible to people with disabilities, the Department of Justice said on Wednesday.
The lawsuit had originally been filed by a wheelchair user on behalf of the United States, accusing Los Angeles and the city's Community Redevelopment Agency of violating the federal False Claims Act, the Justice Department said. (Reporting by Jonathan Stempel in New York; Editing by Chizu Nomiyama)
* RAIT Financial Trust appoints two independent trustees to its board
* State Auto Financial Corp - Sisi Pouraghabagher has been elected to board of directors