Wednesday, December 10, 2008

Attorney suing Tribune cites pension risks

It is not clear that all employee pension funds at the Tribune Co. emerged “unscathed” in the bankruptcy filing, said the attorney for a group of employees suing Sam Zell over the takeover and subsequent management of the company.Philip L. Gregory, who filed a class-action suit in September charging mismanagement of the employee stock ownership plan that was created to help fund the acquisition

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