At issue in the long-running pension litigation against Xerox has been two things: what the plan entitled the plaintiffs to receive, and whether Xerox gave beneficiaries sufficient notice of what the plan said. In a recent opinion, the Second Circuit handed Stris & Maher important legal victories on both fronts, holding that Xerox’s interpretation of its own plan was “arbitrary and capricious,” and that its notice, in any event, fell far short of ERISA’s requirements.
Read our case study:
$16 Million Recovered for Xerox Pensioners
Related press coverage:
Xerox pension lawsuit still alive (Democrat & Chronicle, December 28, 2013)