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3rd Circ. Backs Added Payout For Late Royal Bank CEO

By Ryan Harroff ( October 3, 2024, 8:26 PM EDT) -- The Third Circuit on Thursday backed a lower court's decision that Royal Bank of America's retirement plan must add another $368,000 onto the roughly $4 million lump-sum payment already given to the financial institution's late former chief executive officer, calling the plan's arguments it need not pay that amount "nonsensical."...

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