The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars. In a unanimous ruling, the justices upheld a lower court decision that revived the proposed class-action lawsuit filed by former Intel engineer Christopher Sulyma against Intel. The justices rejected the tech company’s argument that Sulyma’s lawsuit had been filed too late. …read more
Source:: Yahoo Finance
