L.A. Times Employees to Get $32 Million for Pension Sell-Out

L.A. Times employees who sued over the 2007 Sam Zell-led takeover of the company using their pension plan have won a $32 million settlement.

According to the L.A. Times, the settlement was made with GreatBanc Trust, the trustee for Tribune Company's employee stock ownership plan.

Related Articles: 

The L.A. Times Sues Itself

The Passion of the L.A. Times

read more

Source: http://www.thewrap.com/column-post/la-times-employees-get-32-million-pension-sell-out-30293

Hollywood Celebrities Adam Lambert