ERISA Class Action Watch

News and Updates on ERISA Class Action Lawsuits

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IBM Cash Balance Plan Sued … Again

August 7th, 2007 · No Comments

It hasn’t been long since IBM was cleared of allegations that its cash balance plan was age discriminatory, but its cash balance plan is already in court again. This timeĀ a purported class action has been filed in the Southern District of New York that alleges that the plan failed to credit benefits that were paid late with interest.

Tags: New suits · Cash Balance

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