InvestorsHub Logo

CBD_Kindaguy

03/29/19 12:50 PM

#33204 RE: November61 #33199

That's right: But Olbrysh said Sears’s decision to rescind life insurance is more than just a major blow to former employees — he claims it’s also a violation of a 2001 settlement agreement that said retirees’ life insurance could only be taken away if the department store chain liquidated and went out of business. Because of of this agreement, Olbrysh and NARSE had not been expecting the policies to be dropped, so they’re considering taking legal action — but they’re not sure it makes sense to sue “a company that is dying.”

Good luck with that one.. LMFAO!