American Airlines Files Answer To ERISA Complaint After Dismissal Denied

Mealey's (September 9, 2019, 1:14 PM EDT) -- FORT WORTH, Texas — American Airlines Inc. and its retirement plans fiduciary filed an answer on Sept. 4 to a complaint by plan participants denying claims by participants that they violated the Employee Retirement Income Security Act by using an outdated mortality table from 1984 to estimate the average lifespan of pension plan participants and requesting dismissal; the answer was filed approximately a month after American Airlines’ motion to dismiss was denied (Olga Martinez Torres, et al. v. American Airlines, Inc., et al., No. 18-983, N.D. Texas)....