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Company: IBM Personal Pension Plan
Current Parent Company:
IBM Corp.
Parent at the Time of the Penalty Announcement:
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Penalty: $314,283,000
Year: 2005
Date: August 16, 2005
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Despite the settlement, the parties continued to litigation other aspects of the case. The company prevailed.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Illinois
Civil or Criminal Case: civil
Case ID: 3:99-cv-0829
Case Name: Cooper, et al v. IBM Personal Pension, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: information technology
Source of Data:
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Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.