7th Circ. Revives ERISA Suit Over Tanked $60M Investment
By Dorothy Atkins ( August 26, 2016, 7:10 PM EDT) -- The Seventh Circuit ruled Thursday that employees of a home health care company plausibly alleged the trustee of their employee stock plan violated the Employee Retirement Income Security Act when it saddled them with a high-interest $60 million loan to buy company stock that later dropped to half its value, overturning a lower court's dismissal....
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