Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

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

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

U.S. District Court Dismisses Two Stock-Drop Cases Against IBM
Pensions & Investments Link to more items from this source
Sept. 8, 2016

"A federal district court judge in New York dismissed two lawsuits Wednesday against International Business Machines Corp. that alleged the company failed to adequately disclose information and/or take appropriate action to protect shareholders regarding the disposal of a troubled business unit.... [One] case was dismissed, the judge wrote, because plaintiffs only offered 'a rote recitation of proposed remedies' without providing necessary facts to support their complaints. The [second] case was dismissed because plaintiffs failed to prove IBM's intent to keep information hidden. 'It is far more plausible the defendants were not deceitful but mistaken,' he wrote."

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 linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.