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Law Practice

Mar. 10, 2006

Pension-Plan Case Prevents 'Catastrophic Loss'

SERIOUS D - It was pension class litigation at its most emotional: Nine hundred employees of the nation's largest irrigation water supplier claimed the company changed their pension plans to yield a lower payout, stripping them of financial security for their golden years.

        It was pension class litigation at its most emotional: Nine hundred employees of the nation's largest irrigation water supplier claimed the company changed their pension plans to yield a lower payout, stripping them of financial security for their golden years.
        But after four years of fiercely litigated proceedings, a Superior Court judge in December capped the case with a summa...

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