Class Action Over Towers-Watson Merger Can Proceed

Law360, New York (October 4, 2010, 6:26 PM EDT) -- A judge has given the go-ahead to most claims, including breach of contract, in a class action brought by retired principals at Towers Perrin Forster & Crosby Inc. who say they lost out on millions when the private company merged with publicly-traded Watson Wyatt Worldwide Inc.

Claims for breach of contract, breach of express trust, breach of fiduciary duty, and unjust enrichment were approved in a Thursday order by Judge Mitchell Goldberg of the U.S. District Court for the Eastern District of Pennsylvania, which denied most...
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