Lockheed Inks $1.2M COBRA Notice Deal 'To Purchase Peace'

By Kevin Stawicki (September 3, 2019, 7:38 PM EDT) -- Lockheed Martin Corp. has agreed to a $1.25 million settlement to end a proposed Employee Retirement Income Security Act class action accusing the defense contractor of failing to give former employees proper notice about continuing their health care coverage.

The proposed class of Lockheed Martin's Corporation Group Benefits Plan participants asked a Florida federal judge Friday to grant preliminary approval of the deal that resolves Angela Hicks' claims she received a deficient notice about her rights under the Consolidated Omnibus Budget Reconciliation Act when her husband was let go from the company. Under COBRA, a beneficiary can choose to stay on...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!