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IN RE NOKIA, INC. ERISA LITIGATION
Case Number:
1:10-cv-03306
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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September 06, 2011
Nokia Beats ERISA Action Over Company Stock Risks
A New York federal judge on Tuesday dismissed a consolidated class action alleging Nokia Inc. misled members of its employee pension plan about the safety of investing in company stock, saying plaintiffs failed to provide evidence that Nokia knowingly concealed material information.
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June 29, 2010
2 ERISA Actions Against Nokia Merged
A federal judge has consolidated two proposed class actions alleging Nokia Inc. concealed information that led members of the mobile device maker’s employee pension plan to suffer tens of millions of dollars in losses in 2008.