Participant To High Court: Foot Locker Concealed Pension Plan Changes

Mealey's (February 13, 2018, 11:32 AM EST) -- WASHINGTON, D.C. — Changes by Foot Locker Inc. and Foot Locker Retirement Plan (collectively, Foot Locker) to a pension plan were concealed from employees, and a trial court did not err when it found that the misconduct constituted equitable fraud and violated the Employee Retirement Income Security Act, a plan participant argues in his opposition brief filed Jan. 10 in the U.S. Supreme Court (Foot Locker, Inc., et al. v. Geoffrey Osberg, et al., No. 17-690, U.S. Sup.)....