February 16, 2012 | Leave a Comment
CHICAGO – A certified class of former employees of Abbott Laboratories failed to prove that Abbott created a spin-off unit to avoid paying retirement benefits in violation of Section 510 of the Employee Retirement Income Security Act, the Seventh Circuit U.S. Court of Appeals affirmed Feb. 3 (Myla Nauman, et al. v. Abbott Laboratories, et al., No. 10-2272, 7th Cir.; 2012 U.S. App. LEXIS 2086).
LexisNexis® Mealey’s™ Daily Legal News