Honeywell — $23.8 Million Settlement
Client
Martin & Bonnett PLLCType of Engagement
LitigationSubject Matter
Class ActionForum
District of ArizonaThe 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.
Media Coverage
Honeywell Plans Pay $24M To End Retirees' ERISA Suit (Law 360, July 24, 2012) (subscription required)