EDS to settle in class action on 401(k)
EDS to settle in class action on 401(k): "WASHINGTON -- Electronic Data Systems Corp. said Friday it has reached a preliminary $16.5-million settlement of a class action, which will require the computer-services company to make changes to its 401(k) plan.In a quarterly filing with the Securities and Exchange Commission, EDS said the settlement calls for the company to make a cash payment to the plaintiffs. The company hasn't admitted to any liability or wrongdoing in the case." (Full article at link)
posted by Monkeyman @ 12:37 AM
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