Anheuser-Busch InBev Hit With ERISA Class Action

Law360, New York (December 3, 2009, 2:57 PM EST) -- Anheuser-Busch InBev has been slapped with a putative class action that alleges the beer giant is wrongly denying participants in its pension plan the enhanced benefits due to them following the sale of several subsidiaries.

Plaintiff Richard Angevine filed a complaint on Tuesday in the U.S. District Court for the Eastern District of Missouri, seeking to certify a class of participants in the Anheuser-Busch plan who are employed by a division or subsidiary of the company that was or will be sold between Nov. 18, 2008,...
To view the full article, register now.