More news regarding self-dealing.
https://www.law360.com/benefits/articles/1343443/dst-workers-settle-erisa-investment-suit-for-79m
8 replies (most recent on top)
First you have to be in the Profit Sharing Litigation to ever get any money. Second they will appeal the 79 million because DST screwed there employees out of over 400 million. Third employees are bound to arbitration this was part of a lawsuit in New York that DST/SS&C are elated to try settle for 5 employees that they represented and try to shove it down 400 plus employees throats. Fifth if this was really a true settlement why is DST still continue going to arbitration hearings and participating.
This was just another scum move by DST/SS&C to screw there past and present employees. Some day Stone will be writing a check for 400 to 500 million to settle this arbitration that they also shoved down all there employees throats and now it is coming back to haunt them. Pure Piece of S&*t company.
So seriously - do we have to do something to collect?
Pretty apparent you have no clue about the litigation or what is going on.
If they settled, they are not paying $450m. Pretty simple.
Im waiting for my check
ALL BS. DST would be glad to settle for 79 million when they will eventually be paying over 450 million. They are scum and never cared about there employees and still don't.
So how do we get paid?
Continued deception.