IBM Agrees to Settle Part of Federal Pension Lawsuit
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International Business Machines Corp., the world&#39;s largest computer maker, said it will settle part of a federal lawsuit that claimed the company&#39;s pension plan discriminated against 130,000 older workers.
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IBM on Wednesday said it has settled portions of an ongoing lawsuit related to its pension plan and said the potential liability for the other claims that remain on appeal is capped at $1.
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International Business Machines Corp., the world&#39;s largest computer maker, said it will pay at least $300 million to settle part of a lawsuit that claimed the company&#39;s pension plan discriminated against older workers.
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International Business Machines Corp. said yesterday it had agreed to settle most of the issues in a suit over changes in its pension plans on terms that allow the company to continue
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IBM will take a $320 million charge this quarter to settle some claims and cap its liability on others in a long-running class-action fight over changes made to its pension plan in the 1990s.
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Investment banking firm Lehman Brothers Holdings Inc. is nearing an agreement to pay approximately $200 million to settle a shareholder lawsuit over its work for bankrupt
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The Walt Disney Co. agreed yesterday to settle allegations from federal regulators that it failed to disclose benefits received by some directors and their relatives.
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Industrial giant General Electric settled with the US Securities and Exchange Commission on Thursday over its failure to disclose former CEO Jack Welch&#39;s lavish retirement package.
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NEW YORK - The judge presiding over a massive pension suit against IBM, which could cost the company more than $6.5 billion, agreed Friday to a short delay while settlement talks continue.
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Big Blue settles part of pension transfer, age discrimination suit; estimates for claims neared $6B. NEW YORK  - International Business Machines Corp.
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IBM on Wednesday said it will take a third-quarter charge of $320 million to settle all but two claims of an ongoing lawsuit claiming its pension plan discriminated against older workers, in exchange for capping its potential
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The judge presiding over a massive pension suit against IBM, which could cost the company more than &#36;6.5 billion, agreed to a short delay while settlement talks continue.
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NEW YORK -- IBM Corp. agreed to a deal Wednesday that all but settles a case in which 140,000 workers claimed the computer giant&#39;s pension plan discriminated against older workers.
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International Business Machines Corp. has settled portions of an ongoing lawsuit related to pensions, and will take a charge of $320 million in the current quarter, the technology company said on Wednesday.
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Industrial giant General Electric settled with the U.S. Securities and Exchange Commission on Thursday over its failure to disclose former CEO Jack Welch's lavish retirement package.
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IBM will take a $320m (Â£178m) charge this quarter to settle some claims and cap its liability on others in a long-running class-action dispute about changes made in the 1990s to its pension plan.
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San Francisco, September 30: IBM on Wednesday said it will take a third-quarter charge of $320 million to settle all but two claims of an ongoing lawsuit claiming its pension plan discriminated against older workers, in exchange for capping its potential