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Retirees Lose Class Cert. Bid Over Health Benefit Changes

Law360, New York (October 4, 2017, 3:38 PM EDT) -- Retirees of an infrastructure equipment manufacturer can’t pursue classwide claims that the lifelong health care benefits they are entitled to under an approximately 15-year-old pair of settlement agreements were improperly modified, a North Carolina federal court has ruled, saying the retirees failed to meet commonality requirements.

U.S. District Judge Robert Conrad on Monday rejected a motion by retirees of Charlotte, North Carolina-based SPX Corp. for certification in their suit alleging that the company violated the Employee Retirement Income Security Act as well as the terms of...
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