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Pension Litigation:

Hill & Robbins represents plaintiffs involved in class action litigation regarding the fair management of corporate pension-plan benefits:

  • In Cooper v. IBM Corp., Civil Action No. 99-829 (S.D. Ill.), the firm is co-counsel for the class in a case challenging IBM's conversion of its pension plan from a traditional defined benefit pension plan to a cash balance plan as age discriminatory.  In what the Wall Street Journal described as a "landmark court ruling" likely to impact hundreds of companies and several million workers, Chief Judge Murphy ruled that IBM's amendment of its traditional defined benefit plan to a cash balance plan was age discriminatory. The firm is class counsel for the plaintiffs and recently entered into a partial settlement of the case which will provide a recovery of at least $320 million and as much as $1.72 billion depending upon the outcome of the two unsettled issues on appeal. -Read Article-

  • In Wells v. Gannett Retirement Plan, Civil Action No. 03-M-2671 (D. Colo.), the firm represents plaintiffs suing on behalf of a class of over 30,000 participants in the Gannett pension plan who claim that the conversion of the plan to a "pension equity" plan in 1998 violated federal age discrimination laws. The litigation is at an early stage.

  • In Eaton v. Onan Corp., Cause No. IP97-814-C-H/K (S. D. Ind.), the firm served as class counsel in a challenge to the Onan Corporation's pension plan that resulted in an increase in employee benefits by tens of millions of dollars.
Attorneys
Robert Hill
John Evans

 
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(last update -July 8, 2007 by JC)
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