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Tide turns against employees who sue over stock-based retirement funds that lose money

04/19/2010

Lately, employees have been winning when they sue over profit-sharing or retirement plans based on company stock that rapidly lost investment value. In the wake of the Enron bankruptcy scandal, juries sympathized with workers who paid the price for lousy (or illegal) management. Now, employers are gaining the upper hand again, as courts recognize that companies are often in a no-win situation when it comes to providing stock information.

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