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Federal Appeals Court Sides with Reynolds on Retirement Plan Dispute
Winston-Salem Journal May 1, 2017 "The ruling from the Fourth [Circuit] Court of Appeals is the latest in a legal case that has lasted 15 years.... Robert Elliot, a Winston-Salem attorney representing Tatum, said in July 2015 that 'the plaintiffs have proven damages in excess of $50 million, which would be increased due to the passage of time since trial.' In February 2016, U.S. District Judge Carlton Tilley ruled for the second time that the committee acted prudently in eliminating the Nabisco funds from its 401(k) plan. Tatum filed an appeal in March 2016 -- his third attempt with the appeals court." [Tatum v. RJR Pension Inv. Comm., No. 16-1293 (4th Cir. Apr. 28, 2017)] |
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