Oneida Ltd, ERISA lawsuit

Oneida Ltd. Employee Stock Ownership plan amended the complaint filed on behalf of all persons who were participants in or beneficiaries of the plan. The amended complaint alleged that the plan's administrators breached their fiduciary duties to the plan participants by maintaining Oneida stock as the sole Plan investment at a time when the stock was not a suitable and appropriate investment option for the retirement plan.

Oneida Ltd ERISA Legal Help

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Published on May-16-07