LAWSUITS NEWS & LEGAL INFORMATION
The Xerox Corporation Retirement Income Guarantee Plan.
A $239 million settlement has been reached and is pending approval in the lawsuit filed on July 25, 2000, alleging that the plan improperly calculated lump-sum distributions from cash balance retirement accounts, resulting in lower benefits for certain employees who left the company between Jan. 1, 1990, and Dec. 31, 1999. (Nov-17-03) [BUSINESS WIRE]
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Published on Nov-24-03
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