Settlement reached in stock|drop suit against IBM

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.

IBM agrees to $4.8 million settlement in protracted ERISA case

Stock-drop lawsuit made 2 stops at U.S. Supreme Court before pact was reached ... A monitor displays International Business Machines Corp. (IBM) ...

IBM Stock Drop Settles Case, Not Issue(s)

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

Bellwether IBM Stock Drop ERISA Lawsuit Settlement Published

IBM admits no wrongdoing as part of the settlement, while the class of plaintiffs agrees to release all related future claims against the ...

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 ...

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 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 ...

Supreme Court Remands IBM v. Jander Stock Drop Challenge ...

The Supreme Court has issued a limited ruling in a case that could have had a big impact on the filing and resolution of so-called “stock drop” lawsuits.

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

... lawsuit over its pension plan; case may affect millions of workers at many companies and nonprofit organizations; under settlement, IBM's ...

Supreme Court Will Hear IBM Stock-Drop Case - Mercer.com

Earlier disclosure, they alleged, would have corrected the stock price — but only by the amount the stock was overvalued — and protected management's reputation ...

Bridgestone vs. IBM: Parties Agree to Reach Agreement - UpperEdge

Just one week before jury selection was slated to begin, Bridgestone and IBM filed a motion to drop their lawsuits against each other with ...

After 18 Years, SCO's IBM Litigation May Be Settled for $14.5 Million

The Settlement Agreement is the culmination of extensive arm's length negotiation between the Trustee and IBM. Under the Settlement Agreement, ...

U.S. SETTLES PHONE SUIT, DROPS I.B.M. CASE; A.T.& T. TO ...

On a landmark antitrust day, the Justice Department also dropped its marathon case against the International Business Machines Corporation, a ...

Judge says IBM owes $1.6 billion to BMC over software contract

A Houston federal judge ruled Monday that International Business Machines Corp must pay mainframe-software competitor BMC Corp $1.6 billion ...

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 ...

Award IBM Seeks Called 'Laughable' By Defendant Firm

The suit is an outgrowth of last year's FBI "sting" investigation in which Hitachi was charged with paying undercover agents $648,000 for IBM ...

IBM settles lawsuit against Rakuten over e-commerce patents

International Business Machines Corp has settled a lawsuit accusing Japan's Rakuten of infringing IBM patents related to e-commerce ...

IBM in Preliminary Pact to Settle Class Action Lawsuit for $20 Million

International Business Machines Corp. reached a preliminary settlement under which it will pay $20 million to settle a class-action lawsuit ...

IBM accused of mislabeling mainframe sales to cheat market

Securities fraud lawsuit reloaded ... Special report IBM, along with 13 of its current and former executives, has been sued by investors who claim ...

Mark Comin, et al. v. International Business Machines Corporation

The Settlement is not an admission of any wrongdoing by IBM or an indication any law was violated. The Court has not ruled on the merits of the claims asserted ...