U.S. Supreme Court allows retirement plan lawsuit against Intel - www.reuters.com

Excerpts from article:

...WASHINGTON - The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot void a lawsuit accusing it of violating federal law by making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars.

...In a unanimous ruling, the justices upheld a lower court decision that revived the proposed class-action lawsuit by former Intel engineer Christopher Sulyma against Intel.

Submitted 36 days ago


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