U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit
13 Jan U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit
Posted at 15:11h
in
News
by KMFSLLP
The U.S. Supreme Court on
Tuesday threw out a lower court ruling that allowed a lawsuit to
proceed against managers of a retirement fund for IBM
Corp employees centering on allegations that officials
failed to disclose that IBM’s microelectronics business was
over-valued.
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