LAWSUITS NEWS & LEGAL INFORMATION
Tyco ERISA Class Action Settled for $70.5 Million
This is a settlement for the Securities/Stock Fraud lawsuit.
Tyco ERISA Class Action Settled for $70.5 Million
Tyco has reportedly agreed to settle an ERISA class action with a payment of $70.5 million. The lawsuit stemmed from allegations that the company breached its fiduciary duties to its employees by placing company stock in its retirement plans, even while an accounting fraud within the company was underway.Legal Help
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