(Case name confidential)
Sep 11, 2007OUTCOME: Plaintiffs prevailed at trial, and were awarded pension benefits back to the start of their employment with the first company. US District Court published decision which was withdrawn pursuant to a confidential settlement.
ERISA case involving 3 men who worked at a refinery plant for 35 years. New company took over operations of plant, hiring plaintiffs and agreeing to bridge their seniority and pay pension benefits bas ... ed on full tenure with both companies. At retirement they were only paid based on the years at new company. Plaintiffs sued and went to trial.
