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Arbitration clause doesn't let furniture maker Triad escape shareholder lawsuit over retirement plan, appeals panel rules

Cook County Record
Cook County Record
 2021-09-14

Cover picture for the articleCHICAGO — A federal appeals panel has determined a furniture company can’t invoke an arbitration provision to evade a shareholder class action seeking broad relief under a federal retirement account law, because the plaintiffs are seeking to replace the trustee overseeing the company's employee retirement plan, not just pursue payment on behalf of shareholders.

cookcountyrecord.com

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