May 18, 1999
Nationsbank And Investment Advisor Restore Assets To Polaroid Retirement Plan
Archived News Release — Caution: Information may be out of date.
The U.S. Department of Labor has obtained a settlement agreement providing for Nationsbank of Georgia, N.A., a subsidiary of Nationsbank of Charlotte, N.C., to distribute over $5 million in cash and stock to the accounts of certain participants covered by the Polaroid Employee Stock Ownership Plan.
Under the agreement, the bank will distribute the cash and stock to participants covered by the plan as of April 1989.