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Alcatel Again Escapes NJ Suit Over $1.2B Pension Transfer

By Bill Wichert (October 10, 2018, 7:47 PM EDT) -- A New Jersey federal judge on Wednesday tossed a lawsuit against Alcatel-Lucent from two unions and four onetime company employees over its combined transfer of roughly $1.2 billion and thousands of members between pension plans, finding that the plaintiffs lacked standing and did not state viable claims under the Employee Retirement Income Security Act....

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