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Cruz v. Raytheon Company et al

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Case Number:

1:19-cv-11425

Court:

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Firms

Companies

RTX Corp.

Sectors & Industries:

Industrial Goods
- Major Diversified

May 13, 2021
Raytheon Balks At Hourly Rate In $8.5M ERISA Fee Ask

Raytheon Co. has urged a Massachusetts federal judge to shrink what it calls a bloated $8.5 million fee request by attorneys who secured a $59 million settlement in a benefits class action, saying Wednesday that amount would equate to a staggering $3,800 hourly rate.
February 16, 2021
Raytheon Inks $59M Deal To Settle ERISA Mortality Rate Suit

Raytheon Co. has agreed to a $59.17 million settlement in a proposed ERISA class action accusing it of using outdated mortality rates to calculate pensions, according to a Massachusetts federal court filing.
September 10, 2019
Raytheon Says Mortality Table Talk Is 'Irrelevant' In ERISA Suit

Raytheon Co. has urged a Massachusetts federal judge to toss a proposed class action alleging that it used outdated mortality rates to shortchange retirees on benefits, arguing the rates used to calculate alternatives to single life annuity benefits were reasonable.
June 28, 2019
Raytheon Accused Of Shorting Retirees On Benefits

Raytheon Co. and its benefits committee have been hit with a proposed class action in Massachusetts federal court alleging that they shortchanged retirees and violated the Employee Retirement Income Security Act by using outdated mortality rates to calculate retirement benefits.