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Piggly Wiggly Settles Proposed ERISA Class Action For $8M

By Emily Brill (May 23, 2018, 7:29 PM EDT) -- The soon-to-be-defunct grocery store chain Piggly Wiggly Carolina Company Inc. reached a roughly $8 million settlement in an Employee Retirement Income Security Act suit in South Carolina federal court on Tuesday with workers who say they lost their retirement savings linked to company stock while management allegedly sat back and watched the business fail....

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