Retirement Plan Participants Say Pepsi Violated ERISA In Federal Lawsuit

Mealey's (December 21, 2018, 10:06 AM EST) -- NEW YORK — A group of participants in a retirement plan on Dec. 12 sued PepsiCo Inc. and others in a New York federal court, asserting they violated the Employee Retirement Income Security Act of 1974 by improperly reducing annuity benefits for plan participants and beneficiaries who receive certain annuities (William DuBuske, et al. v. PepsiCo, Inc., et al., No. 18-cv-11618, S.D. N.Y.)....

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