Interstate Bakeries Corporation awaits the U.S. District Court for the District of Columbia’s ruling on the Pension Benefit Guaranty Corporation’s Aug. 8, 2006 determination.
On May 3, 2006, Sara Lee Corporation instituted proceedings against the ABA Plan and the Board…
A status hearing is set for Nov. 5, 2008, on the consolidated derivative action filed in the Circuit Court of Cook County, Ill., by purported stockholders of Sara Lee Corporation.
Two separate individual and derivative actions were originally filed by…
Disputes regarding American Bakers Association (ABA) Retirement Plan, where Sara Lee Corporation is a participating employer, are ongoing.
In 1979, the Pension Benefit Guaranty Corporation (PBGC) determined that the ABA plan was an aggregate of single-employer pension plans, rather than a…