Law360, New York (November 09, 2011, 8:53 PM ET) -- Motorola Inc. told an Illinois federal court Wednesday that the recent denial of class certification in a similar suit against Kraft Foods Global Inc. bolsters its argument that an Employee Retirement Income Security Act suit by Motorola employees over an option to invest in company stock should not be certified as a class action.
The plaintiffs in the Motorola suit, who filed a motion for class certification in March, claim that the company offered Motorola stock as an investment option in its 401(k) plan after it...
Motorola Fights Class Cert. In ERISA Case
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