IBM Keeps Appealing As It Settles Pension Case

By Susanne Sclafane

NU Online News Service, Sept 30, 1:15 p.m. EST?In a case watched closely by fiduciary liability insurers, IBM announced a settlement agreement that limits to $1.4 billion its potential liability for claims related to its 1999 pension plan conversion to a cash-balance structure.[@@]

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