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Colgate Retirees Win $300M Suit Over Benefit Calculation

By Emily Brill ( August 24, 2020, 7:32 PM EDT) -- A New York federal judge handed a win on Monday to a class of Colgate-Palmolive retirees who claim they were shortchanged on retirement payments, holding that Colgate misinterpreted its retirement plan's terms when calculating workers' benefit entitlement in violation of the Employee Retirement Income Security Act....

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