IBM Stock Drop Settles Case

Curtain falls on IBM stock-drop case - Mercer.com

After more than five years of litigation and a trip to the Supreme Court, the ERISA stock-drop litigation against fiduciaries for IBM's ...

IBM Stock Drop Settles Case, Not Issue(s)

The settlement terms of an ERISA litigation case that has been all the way to the US Supreme Court (and “back”) have come to light.

Settlement reached in stock-drop suit against IBM

After five years and two trips to the U.S. Supreme Court, a lawsuit against fiduciaries of an IBM 401(k) plan has been tentatively settled.

Bellwether IBM Stock Drop ERISA Lawsuit Settlement Published

Central to the lawsuit were the plaintiffs' allegations that IBM imprudently managed company stock investments in one of its retirement plans.

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.

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

The saga continues in the ERISA stock-drop litigation against the fiduciary committee for IBM's employee stock ownership plan (ESOP).

Settlement Details Published in Jander v. IBM | PLANSPONSOR

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

IBM $4.75 Million 401(k) Stock-Drop Settlement Gets Final Nod

A $4.75 million IBM Corp. class settlement resolving an ERISA lawsuit over a 7% drop in company stock price secured a New York federal ...

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

21, 2014, through Oct. 20, 2014, and whose plan accounts included investments in the IBM Stock Fund. Potential Award. Varies.

Settlement OKed in Longstanding Stock Drop Case

Jander against the plan fiduciaries of the IBM retirement plan in a case that dealt with the impact of a sudden drop in the value of IBM stock, more ...

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

The IBM committee argued that such a case “reopens the door to lawyer-driven class actions that spring up after every stock drop.” In the past, ...

$4.75M Settlement In IBM Stock-Drop Case Gets Final Approval ...

$4.75M Settlement In IBM Stock-Drop Case Gets Final Approval. Mealey's (July 26, 2021, 1:21 PM EDT) -- NEW YORK — A federal judge on July 21 granted final ...

IBM Stock Drop Case Makes Its Way to Supreme Court ...

A district court determined the plaintiffs did not plausibly plead a violation of ERISA's duty of prudence, because a prudent fiduciary could have concluded ...

Surprise IBM Stock-Drop Ruling Puts Fiduciaries on Notice

Win or lose, the distressed workers challenging IBM's handling of its overinflated stock-filled retirement plan have opened a door for ...

IBM Asks Supreme Court to Review Stock Drop Decision - planadviser

... lawsuit alleging imprudence in managing company stock investments ... A motion for preliminary approval of a settlement agreement in a case ...

Supreme Court to Hear IBM 401(k) Stock-Drop Case - Eccleston Law

International Business Machines Corporation (“IBM”) recently convinced the U.S. Supreme Court to accept a 401(k) stock-drop lawsuit that c.

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 Stock Sinks as Quarterly Sales Disappoint - Investopedia

IBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its quarterly revenue fell ...

Supreme Court Vacates and Remands IBM Stock Drop Case

Supreme Court Vacates and Remands IBM Stock Drop Case ... Ã‡Ã–s assets. The participants alleged that IBM had a duty to disclose enormous losses ...

IBM stock is 'very depressed ' given growth potential and AI play

Warren Buffett's investment strategy is a case study in bold and safe play. ... drop-shadow(0 1px 2px rgb(0 0 0 / 40%));--yb-transparent ...