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August 14, 2006 |

Pension Suit Losses Piling Up

Defense attorneys are hailing a series of recent court victories in lawsuits filed on behalf of employees who lost money in their 401(k) and other retirement plans because of the declining price of their employer's stock.
4 minute read
In re WorldCom Inc. ERISA Litigation
Publication Date: 2005-02-07
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Court: Unknown
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U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Judge Cote This Opinion addresses the circumstances in which a directed trustee of a 401(k) plan may be liable under

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