IBM agreed to a deal Wednesday that all but settles a case in which 140,000 workers claimed the computer giant's pension plan discriminated against older workers. The settlement limits IBM's potential liability in the case to $1.7 billion; the company previously had estimated that a settlement could cost up to $6.5 billion. The latest deal comes on the heels of a settlement that IBM reached this month with 15,000 of the 140,000 workers.
September 30, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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