US - The Delphi Salaried Retirees Association (DSRA) filed a lawsuit asking for Delphi executives to be removed as its pension plan administrator, in a further attempt to avoid the plan's termination into the Pension Benefit Guaranty Corporation (PBGC).
The DSRA alleged the trustees have a conflict of interest, as they would represent the retirees' rights and the rights of Delphi's shareholders and creditors. Therefore, it continues, they should b...
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