Plaintiffs Seek Class Cert. In ERISA Suit V. BorgWarner

Law360, New York (April 6, 2009, 12:00 AM EDT) -- The lead plaintiffs have moved for class certification in a suit accusing auto parts maker BorgWarner Inc. of violating the Employee Retirement Income Security Act by attempting to eliminate post-retirement health care benefit plans for workers at a soon-to-close factory.

The four lead plaintiffs lodged the motion for class certification Friday in the U.S. District Court for the Eastern District of Michigan on behalf of about 1,750 hourly retirees and surviving spouses from BorgWarner's Muncie, Ind., plant, which is set to close April 24.

The lawsuit,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.