High Court Urged Not To Review Phillips 66 Single-Stock Suit

By Emily Brill ( June 10, 2021, 7:01 PM EDT) -- The overseers of Phillips 66's retirement plan urged the U.S. Supreme Court not to review their victory in an ERISA case that claimed they invested workers' savings too heavily in Phillips' former parent company's stock, arguing in a document filed Thursday that the Fifth Circuit ruled correctly....

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