AK Steel Tells 6th Circ. Its Ex-Workers Gave Up Benefits

Law360, New York (March 5, 2012, 4:39 PM EST) -- AK Steel Holding Corp. urged the Sixth Circuit on Friday to overturn a $3 million award in favor of a class of laid-off workers in a suit over pension benefits, arguing the former employees had signed away their rights in severance agreements.

In a brief filed Friday, AK Steel argues that an Ohio federal judge erred in ruling in the class's favor. The company contends that the ex-employees signed severance agreements containing a release that was unambiguous and clearly blocked the class’s claims against the company’s...
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