Class Certified In UTC ERISA Suit Over 401(k) Plans

Law360, New York (June 4, 2008, 12:00 AM EDT) -- A federal judge has certified the class in an ERISA suit against aircraft engine manufacturer United Technologies Corp. that alleges the company poorly managed its employees' 401(k) plans.

Judge Warren W. Eginton of the U.S. District Court for the District of Connecticut on Tuesday granted class certification to a proposed class of current and former UTC employees who are participants or beneficiaries of UTC’s employee savings plans.

The judge also extended the class to include future participants in the UTC savings plans, since the plaintiffs are...
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