Guenther v. BP Retirement Accumulation Plan
May 28, 2024OUTCOME: Judgement for Plaintiffs
This is a class action lawsuit brought under ERISA by a class of British Petroleum (formerly SOHIO) retirees regarding the conversion of their pension benefits from a final average pay formula to a cas ... h balance retirement plan and the misrepresentations and omissions made by BP during the conversion. See Civil Action 4:16-CV-995 (S.D. Tex. Mar. 28, 2024).