The U.S. District Court for the Northern District of Texas dealt a major blow to the putative class action Torres v. American Airlines, Inc., finding that the four named plaintiffs are not adequate class representatives for...more
6/10/2020
/ Actuarial Values ,
American Airlines ,
Annuities ,
Class Certification ,
Class Representatives ,
Corporate Counsel ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Pensions ,
Putative Class Actions ,
Retirement Plan
Eleven cases have been filed against defined benefit pension plan sponsors and certain fiduciaries alleging that the plan’s assumptions—called “actuarial equivalence factors” or “actuarial equivalence assumptions”— for...more
2/19/2020
/ Actuarial Values ,
American Airlines ,
Annuities ,
Benefit Plan Sponsors ,
Compensation & Benefits ,
Defined Benefit Plans ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Motion to Dismiss ,
Pensions ,
Raytheon ,
Retirement ,
Retirement Plan ,
US Bancorp