Foot Locker Wrongly Changed Pension Terms, 2nd Circ. Told

Law360, New York (December 19, 2013, 5:55 PM EST) -- A former Foot Locker Inc. employee who claims the company cheated him out of his proper pension asked the Second Circuit on Thursday to reopen a putative class action against the retailer, saying it should not be allowed to have quietly changed its pension terms.

Foot Locker communications misled employees into thinking that their pension plans were continuing to grow even though a freeze had been secretly implemented, Eli Gottesdiener, an attorney for plaintiff Geoffrey Osberg, told a panel of judges at oral arguments in Manhattan....
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