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Colgate Tries To Narrow ERISA Suit Over Lump-Sum Payouts

By Adam Lidgett ( September 5, 2019, 4:34 PM EDT) -- Colgate-Palmolive Co. has asked a New York federal judge to pare down a class action by retirees who received lump-sum benefits payments they claim were too small, saying its retirement plan committee had wide latitude to decide how much the former workers were owed. . . .

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