National Conference on Public Employee Retirement Systems

The Voice for Public Pensions

Supreme Court of Delaware, ATP Tour, Inc. et al v. Deutscher Tennis Bund

December 2, 2014

NCPERS, along with eight unions representing public and private sector workers, are protesting a Delaware Supreme Court decision that in essence allows corporations to immunize themselves from investor lawsuits. This decision eviscerates investor rights and potentially threatens the retirement security of millions who are covered by public and private pension plans. You can read NCPERS Statement here. To read the joint letter, please click here. To read the full decision, ATP Tour Inc. et al v. Deutscher Tennis Bund, please click here