IBM Committee Settles 401

IBM Committee Settles 401(k) Stock Drop Suit After SCOTUS Trip

IBM Corp.'s retirement plan committee has settled an ERISA lawsuit challenging a 7% drop in company stock price, plan participants told a Manhattan federal ...

IBM agrees to $4.8 million settlement in protracted ERISA case

IBM agreed to pay $4.75 million to settle a long-running ERISA stock-drop complaint by participants in a company 401(k) plan.

IBM 401(k) Lawsuit Settles for $4.75 Million After SCOTUS Trip

IBM Corp.'s retirement plan committee signed a $4.75 million class settlement in an ERISA lawsuit challenging a 7% drop in company stock ...

IBM 401(k) Plan $4.75M Class Action Settlement

Individuals who were IBM 401(k) plan participants in 2014 may be eligible to benefit from a $4.75 million class action settlement.

Columbia, IBM settle 401(k) lawsuits - Investment News

Plaintiffs alleged that IBM failed in its fiduciary duty to participants by not protecting them from stock losses that resulted from an ...

IBM Inks $4.75M Settlement in 401(k) Class Action

The IBM 401(k) ERISA Class Action Lawsuit is Jander et al. v. The Retirement Plans Committee of IBM et al., Case No. Unknown, in the U.S. District Court for ...

IBM Wins Dismissal of Pension Lawsuit - plansponsor

The lawsuit had argued IBM and the plan administrator committee ... Northern Trust, Workers Set to Settle 401(k) Litigation. The parties ...

IBM Stock Drop Settles Case, Not Issue(s) - ASPPA

Specifically, plaintiffs Larry W. Jander and Richard Waksman and Defendants Retirement Plans Committee of IBM, Richard Carroll, Martin Schroeter ...

$4.7M settlement approved in Jander v. Retirement Plans ...

The lawsuit, filed in May 2015, alleged that IBM's retirement plans committee breached their duties by not protecting its 401(k) bonus plan ...

Judge Approves Settlement, Fees in Jander v. Retirement Plans ...

Manhattan federal judge approves multi-million dollar settlement and fees in the case of Jander v. Retirement Plans Committee of IBM.

Settlement reached in stock-drop suit against IBM

... IBM 401(k) plan has been tentatively settled ... Retirement Plans Committee of IBM et al. The initial complaint, filed in 2015, said plan ...

Participants in or Beneficiaries of the IBM 401(k) Plus Plan at any ...

A Settlement has been preliminarily approved by a federal court in a class action lawsuit against the Retirement Plans Committee of IBM and certain individuals, ...

At Long Last, Stock Drop Case Settles

... settled. The parties here were those in the case of Jander v. Retirement Plans Committee of IBM, 910 F.3d 620 (2d Cir. 2018)—which had been ...

Supreme Court to Investigate IBM Stock Drop's Influence on ... - Ai-CIO

Supreme Court to Investigate IBM Stock Drop's Influence on Corporate 401(k) Plan ... The IBM committee argued that such a case “reopens the door ...

How IBM Reopened Its DB Plan to Replace 401(k) Contributions

Our director and co-head of strategic asset allocation digs into IBM's groundbreaking announcement on changes to its retirement benefits program and ...

Settlement Details Published in Jander v. IBM | PLANSPONSOR

IBM. Prior to settlement, the long-running stock drop lawsuit received multiple appellate court rulings and consideration from the U.S. Supreme ...

IBM Personal Pension Plan Litigation - Cohen Milstein

This lawsuit is brought on behalf of all participants and beneficiaries of the IBM Personal Pension Plan who are receiving a joint and survivor annuity.

IBM Shifts 401(k) Match to With 5% Retirement Benefit Account

IBM replacing company 401(k) matching contributions with 5% Retirement Benefit Account contribution starting in 2024.

Federal Lawsuit Filed by Cohen Milstein Alleges IBM Miscalculated ...

... 401(k) Investment Suit. Law360 · Michelle Yau Is a Relentless Champion for Employees and Retirees. Lawdragon · Citgo Settles Retirees' Suit Over ...

I.B.M. Employees Get $320Million in Pension Suit

A cash-balance plan combines some features of traditional pensions with other features of 401(k) plans. Under the settlement, which is subject ...