IBM Stock Drop Lawsuit Remanded Back to District Court

2nd Circuit sends IBM stock-drop case back to district court

The district court granted IBM's motion to dismiss the case, finding the plaintiffs failed to meet the high standard to bring stock-drop cases involving inside ...

The 2nd U.S. Circuit Court of Appeals has reinstated its initial decision in an Employee Retirement Income Security Act (ERISA) lawsuit ...

Supreme Court sends IBM stock-drop case back to 2nd Circuit

The US Supreme Court has vacated the appellate decision that revived the case, originally dismissed by the district court (Retirement Plans Comm ...

Settlement reached in stock-drop suit against IBM

IBM then petitioned the U.S. Supreme Court for review. In January 2020, the justices vacated and remanded the case back to the appeals court ...

Supreme Court Vacates and Remands IBM Stock Drop Case

In its opinion, the Supreme Court remanded the case back to the Second Circuit so that court could consider new arguments briefed by IBM in its ...

Bellwether IBM Stock Drop ERISA Lawsuit Settlement Published

The case history of IBM v. Jander shows the importance, but also the limitations, of Supreme Court rulings in fiduciary breach cases involving ...

Supreme Court Remands IBM Stock Drop Litigation to the Second ...

The US Supreme Court issued a per curiam decision in Retirement Plans Committee of IBM v. Jander, vacating and remanding the case to the US ...

2nd Circuit Bounces 401(k) Stock-Drop Case Back to District Court

The U.S. Supreme Court in January 2020 declined to address arguments raised by IBM defendants that involved federal securities law and instead remanded the case ...

Supreme Court Vacates & Remands Plaintiff-Friendly Ruling in IBM ...

Supreme Court Vacates & Remands Plaintiff-Friendly Ruling in IBM “Stock Drop” Litigation ... Brief Takeaway: Plan sponsors that offer employer ...

Appeals courts rules IBM stock-drop suit can proceed | Pensions ...

The appeals court reversed that ruling in December 2018 and sent it back to the judge. ... In remanding the case to the 2nd U.S. Circuit Court ... stock-drop ...

Supreme Court Remands Stock Drop Case to Consider Insider ...

In Retirement Plans Committee of IBM v. Jander et al., No. 18-165 (Jan. 14, 2020), the Supreme Court sent the case back to the Second Circuit to ...

U.S. Supreme Court Vacates and Remands ERISA Stock-Drop Suit

A federal securities complaint was filed in the Southern District of New York on April 1, 2015, alleging that IBM and several of its executives ...

Supreme Court Declines to Address Pleading Standards in Stock ...

As explained in our earlier post, in January 2020 the Supreme Court sent the case back to the Second Circuit after concluding that the IBM plan ...

Second Circuit Reinstates Judgment Reversing Dismissal Of ERISA ...

Jander v. Ret. Plans Comm. of IBM, No. 17-3518 (2d Cir. June 22, 2020). The Supreme Court remanded the action earlier ...

High Court Kicks IBM Stock-Drop Case Back To 2nd Circ.

IBM's retirement committee members are accused of failing to disclose the $2.2 billion collapse of IBM's microelectronics business from the ...

Limited Supreme Court Ruling Issued in IBM v. Jander - planadviser

The Supreme Court has ruled in Retirement Plans Committee of IBM v. Larry W. Jander, remanding the case back to the 2nd U.S. Circuit Court ...

Tag: company stock in retirement plans - plansponsor

IBM Stock Drop Lawsuit Remanded Back to District Court. The 2nd U.S. Circuit Court of Appeals has re-established its previous ruling in favor of the plaintiffs.

Retirement Plans Committee of IBM v. Jander | 589 U.S. ___ (2020)

Retirement Plans Committee of IBM v. Jander: Supreme Court vacates the Second Circuit's ... drop in the value of the stock already held by the fund.” Id ...

APPENDIX - Supreme Court

We therefore REVERSE the district court's judgment dismissing this case and REMAND for further proceedings. ... diminished confidence in IBM stock, “causing a ...

Jander ERISA Lawsuit Settles, but Leaves Questions

New York, NY Jander v. Retirement Plans Committee of IBM, a long-running employee stock ownership lawsuit, settled on April 2, ...