Sallie Mae Workers Lose 2nd Circ. Bid To Revive ERISA Suit

By Richard Vanderford (January 17, 2013, 7:43 PM EST) -- Sallie Mae Corp. does not have to face a class action alleging the student lender's bad loans sunk its employee retirement plan, the Second Circuit said Wednesday, ruling that the plan did not have to dump its Sallie Mae holdings....

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