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Alcatel-Lucent 401K Error Affecting 2010-2011 New Hires

News
June 30, 2011
During a routine internal review of the Lucent Technologies Inc. Long Term Savings and Security Plan (LTSSP), it was discovered that some employees or former employees of Alcatel-Lucent, who are/were enrolled in the LTSSP, immediately began to receive Company Matching Contributions in violation of the Plan.