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"Hudson&amp;#39;s Bay, Canada&amp;#39;s biggest retailer, yesterday said it plans to defend a class action lawsuit accusing it of diverting cash from a subsidiary&amp;#39;s pension plan.   The claim has been filed by former employees of department store chain Simpsons, which was bought by Hudson&amp;#39;s Bay in 1979. They allege the company wrongfully diverted surplus assets from their retirement funds into the pension plans of other subsidiaries, Kmart and Zellers - and are suing for $47.4m."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-style.com/news/ex-workers-sue-hudsons-bay-in-474m-pension-row_id87445.aspx>