news paper icon

Analyzed News

U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit

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. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: ruling, Supreme, retirement, allowed, court, Court, lower, proceed, threw, lawsuit, tosses, against, managers, IBM's, microelectronics, business, over-valued, disclose, failed, employees, centering, allegations, officials

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/uz2sctNUnbk/u-s-supreme-court-tosses-lower-court-ruling-that-allowed-ibm-retirement-fund-suit-idUSKBN1ZD20H

Related Articles