Foot Locker Asks Supreme Court To Decide Pension Plan Dispute

Mealey's (November 25, 2017, 3:44 PM EST) -- WASHIGNTON, D.C. — The U.S. Supreme Court must decide whether a class of pension plan participants can be certified in case alleging that Foot Locker Inc. violated the Employee Retirement Income Security Act when it failed to disclose a temporary freezing of benefits after the Foot Locker Retirement Plan was transitioned to a cash-balance plan despite individualized questions, Foot Locker alleges in its Nov. 8 petition for writ of certiorari (Foot Locker, Inc., et al. v. Geoffrey Osberg, et al., No. 17-690, U.S. Sup.)....