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SCOTUS accepts IBM case that could curb employee stock lawsuits

The lawsuit claims IBM didn’t do enough to protect employees from stock losses from a money-losing chip manufacturing unit.

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Supreme Court building IBM officials contend in their appeal that the suing employees needed to be more specific in their lawsuit. (Photo: Shutterstock)

The U.S. Supreme Court will use a case involving International Business Machines Corp. to consider making it harder for workers to sue when their retirement plans lose money because the employer’s stock price falls.

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