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ERIC Argues Stock Drop Dismissal Should Stand on Appeal
PLANSPONSOR; free registration may be required Feb. 20, 2011
ERIC took that position in a friend of the court brief ... in Sewright v. ING Groep, NV, et al., which is an appeal of the lower court decision. Plaintiffs had argued ING should have no longer allowed stock purchases from within its retirement savings plan since the share price had dropped significantly as a result of the economic downturn.
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