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2nd Circ. Ruling Inspires Bad ERISA Suits, High Court Warned

By Danielle Nichole Smith (March 11, 2019, 5:22 PM EDT) -- An IBM retirement plan committee asked the U.S. Supreme Court to review a Second Circuit decision that revived a suit claiming the committee violated federal benefits law by letting workers invest retirement savings in IBM stock, saying the appeals court's ruling invited "meritless" class actions....

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