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Settlement Details Published in Jander v. IBM
PLANSPONSOR; free registration may be requiredLink to more items from this source
Apr. 7, 2021

"The company has agreed to pay $4.75 million into a qualified settlement fund within 30 calendar days of the final approval of the settlement by the court.... [T]he money will be distributed by an independent administrator among the IBM ESOP participants and beneficiaries[.]" [Jander v. Ret. Plans Comm. of IBM., No. 15-3781 (S.D.N.Y. settlement agreement filed Apr. 2, 2021)]

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