U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit

U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit

4 years ago
Anonymous $yQ5BfQaAxy

https://www.reuters.com/article/us-usa-court-ibm/u-s-supreme-court-tosses-lower-court-ruling-that-allowed-ibm-retirement-fund-suit-idUSKBN1ZD20H

The U.S. Supreme Court on Tuesday threw out a lower court ruling that allowed a lawsuit to proceed against managers of a retirement fund for IBM Corp employees centering on allegations that officials failed to disclose that IBM's microelectronics business was over-valued.