Honeywell — $23.8 Million Settlement

Client
Martin & Bonnett PLLC
Type of Engagement
Litigation
Subject Matter
Class Action
Forum
District of Arizona
Key Team Members
Peter K. Stris

The Challenge

Working with lead trial counsel to successfully conclude a pension class action involving complex ERISA questions.

The Engagement

In a long-running ERISA class action against Honeywell, plaintiffs’ trial counsel Susan Martin had been able to successfully resolve portions of the suit. To build on that success, she engaged our firm to collaborate in developing summary judgment, mediation, and appeal strategies for the remaining parts of the case. Working together, we were able to settle the remaining claims for $23.8 million.

Result

A $23.8 million class settlement.

Key Case Materials

Order and Judgment (July 23, 2012)

Fee Motion (March 30, 2012)

Media Coverage

Honeywell Plans Pay $24M To End Retirees' ERISA Suit (Law 360, July 24, 2012) (subscription required)