In January 2010, Peter Stris presented oral argument to the Supreme Court in Conkright v. Frommert, a $20+ million ERISA pension case against Xerox that implicated the standard of review courts should apply when fiduciaries interpret the plan to determine a beneficiary’s entitlement. In May 2010, the Court ruled 5-3 in favor of the Xerox plan on narrow grounds, preserving for litigation the question of whether the Xerox had properly disclosed the operative pension terms to the plaintiffs.
Related press coverage:
Power of ERISA Administrator Versus Judge Debated in Supreme Court Retirement Case (Courthouse News, January 20, 2010)
Supreme Challenge to Pension Payouts (AARP Bulletin, May 3, 2010)
Update (August 17, 2016): In post-remand litigation, we have already recovered over $16 million in benefits. The litigation continues. To learn more, read our firm’s case study.