MCI, WorldCom's Ebbers Settle 401(k) Suit for $51 Million

Subscribe to Free Daily Newsletters

Post a Job

Featured Jobs

Manager, Retirement Plan Documents

Transamerica
(Denver CO)

ESOP Consultant

Ascensus
(Atlanta GA / Telecommute)

Retirement Plan Administrator

Group RHI
(Dallas TX / Houston TX / Telecommute)

Client Success Specialist

Ubiquity Retirement + Savings
(AZ / CA / CO / FL / IL / KY / LA / MA / NC / NJ / NV / NY / OR / SC / WA / Telecommute)

Defined Contribution Plan Administrator

The MandMarblestone Group, llc
(Philadelphia PA / Telecommute)

Retirement Plan Administrator

Farmer & Betts, Inc.
(Tacoma WA / Littleton CO / Tualatin OR)

Project Manager Benefits Communication

BeneCom Associates
(Acton MA / Telecommute)

Plan Document Specialist

Aimpoint Pension
(Pompano Beach FL / Telecommute)

Retirement Plan Administration Consultant

TSC
(Edina MN / Telecommute)

Sales - 401(k) / DB Administration

Farmer & Betts, Inc.
(Tacoma WA / AL / FL / GA / IA / IL / IN / MD / MN / MO / NC / OH / OK / PA / TN / TX / VA / WI)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

<< Previous news item | Next news item >>

7/7/2004: MCI, WorldCom's Ebbers Settle 401(k) Suit for $51 Million (Bloomberg News)

Excerpt: MCI Inc., former WorldCom Inc. Chief Executive Officer Bernard Ebbers and 18 ex-WorldCom officials agreed to pay about $51 million to settle a suit by employees who lost hundreds of millions of dollars when the long-distance telephone company collapsed, lawyers for the employees said.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).

An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).