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Dempsey et al v. Verizon Communications Inc. et al
Case Number:
1:24-cv-10004
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bursor & Fisher
- Covington & Burling
- Edward Stone Law
- Goodwin Procter
- Kantor & Kantor
- Ogletree Deakins
- Schneider Wallace
Companies
Sectors & Industries:
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April 07, 2025
Verizon, State Street Say Pension Annuity Suit Claims Fall Flat
Verizon Communications and its independent fiduciary State Street urged a New York federal judge to toss a proposed class action from Verizon retirees who challenged the conversion of their federally regulated pension benefits into annuity insurance contracts, arguing the allegations lacked standing and failed to state a claim.
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April 04, 2025
Pension Annuity Rulings Leave Attorneys Looking For Clarity
Benefits attorneys say they'll be watching the circuits, and perhaps the nation's highest court, for clarity after recent divergent decisions in cases accusing defense and aerospace manufacturer Lockheed Martin and aluminum giant Alcoa of violating federal benefits law by converting pension benefits into annuity insurance contracts.