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6th Circ. Won't Revive Eaton Workers' ERISA Suit

By Dave Simpson ( January 8, 2018, 7:17 PM EST) -- A Sixth Circuit panel on Monday affirmed the toss of a proposed ERISA class action against fiduciaries of Eaton Corp.'s employee stock ownership plan, finding it was reasonable for the financial officers to presume that releasing details about the company's merger with Cooper Industries PLC would have caused more harm than good....

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