IBM shareholder voluntarily ends lawsuit over NSA cooperation

A pension and relief fund that sued IBM for failing to warn investors of loss of business in China because of its alleged involvement with spying by the U.S. National Security Agency has voluntarily withdrawn the lawsuit in a New York court. The Louisiana Sheriffs’ Pension and Relief Fund has decided to voluntarily dismiss the action after additional investigation into the matters alleged, which included investigations in the U.S. and China and discussions with the defense counsel.