The Philadelphia Inquirer has an article by Todd Mason--"Easing up on company stock"--which discusses the impact that class-action lawsuits are having on companies' offering company stock as a match or an investment. (The article reports that Seattle-based Keller Rohrback has "18 class-action suits alleging fraud in 401(k) plans and company stock, including one filed in February against Cigna Corp.")
Posted by B. Janell Grenier at July 8, 2003 01:03 PM