HIGH COURT UPHOLDS RUILING IN LUNDY CASE

WASHINGTON (FNS) -- The Supreme Court declined without comment to overturn a 4th Circuit Court decision regarding Lundy Packing Co.'s employee stock ownership plan and trust.According to papers filed with the high court, two current and one former employee of the North Carolina packing company had requested that the privately held company give them four documents about the plan when the value of their

WASHINGTON (FNS) -- The Supreme Court declined without comment to overturn a 4th Circuit Court decision regarding Lundy Packing Co.'s employee stock ownership plan and trust.

According to papers filed with the high court, two current and one former employee of the North Carolina packing company had requested that the privately held company give them four documents about the plan when the value of their benefits dropped by 42% in the period from June 29, 1991 to July 4, 1992.

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