Disabled Employees Say Bankrupt Nortel Targeting Benefits

Law360, Wilmington (November 20, 2012, 5:27 PM EST) -- A committee of disabled employees launched a putative class action Monday against Nortel Networks Inc. in Delaware bankruptcy court, claiming the defunct telecom is misleading them in an attempt to wrongfully strip their benefits.

In order to enroll for benefits in 2013, Nortel requires the 215 disabled employees to waive their rights under the Employee Retirement Income Security Act and essentially concede that the company can unilaterally terminate the benefit plans, according to an adversary complaint filed by the Official Committee of Long Term Disability Plan...
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