IBM settles pension claims, other liability capped
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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
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NEW YORKâIBM said yesterday it is in talks to settle a mammoth lawsuit alleging a pension plan adopted by the firm in the 1990s discriminated against 140,000 older workers.
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HARTFORD, Conn. -- An investment firm that was found in breach of contract in a lawsuit involving the state&#39;s pension fund has settled for $15 million, the two sides announced Monday.
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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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Information technology giant IBM said it agreed to pay 65 million dollars to settle a class action lawsuit concerning overtime pay.
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Last week&#39;s disclosure by International Business Machines Corp. that it will close its traditional pension plans to new employees and give the new hires only a 401(k) plan is more than
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An investigation of IBM Corp. by the Securities and Exchange Commission ended Tuesday without penalty, although the government found that the technology company misled analysts about employee stock-option expenses in 2005.
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IBM Corp. and plaintiffs challenging the legality of its pension plan agreed to a deal Wednesday that settles most claims and caps the company&#39;s potential liability at $1.
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Ernst & Young LLP ERNY.UL, one of  the four largest U.S. accounting firms, will pay a total of  $125 million to settle U.S. claims arising from its audits of a  failed Illinois savings bank, regulators and the company said  Friday.
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IBM Corp. said Wednesday it will take a $320 million 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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International Business Machines Corp. said yesterday it will pay at least $300 million to settle part of a lawsuit that claimed the firm's pension plan discriminated against older workers.
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Oct. 11 issue - IBM retirees will get their cash, but what&#39;s it to you? It&#39;s too soon to tell. Last week IBM agreed to pay $300 million to settle old pension claims, and agreed to pay $1.
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IBM will pay out $320 million to settle part of a class-action lawsuit relating to its pension plan. The settlement does not, however, address the critical issue of whether the companyâs controversial cash
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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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BOSTON -- An investigation of IBM Corp. by the Securities and Exchange Commission ended Tuesday without penalty, although the government found that the technology company misled analysts about employee stock-option expenses in 2005.
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IBM Corp. and plaintiffs challenging the legality of its pension plan agreed to a deal Wednesday that settles most claims and caps the company's potential liability at &#36;1.7 billion. The company previously had estimated a settlement could cost as much as &#36;6.5 billion.
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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 liability at $1.4 billion.