Class Says Visteon's $1.8M ERISA Penalty Is Too Small

By Aebra Coe · April 3, 2015, 12:41 PM EDT

A class of former Visteon Corp. employees has slammed a federal court ruling imposing an "underwhelming" $1.8 million penalty on the auto parts supplier for failing to properly offer departing employees...

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Case Information

Case Title

Darryl Pierce, et al v. Visteon Corporation, et al

Case Number

14-2542

Court

Appellate - 7th Circuit

Nature of Suit

3791 Employee Retirement

Date Filed

July 14, 2014