Dismissal Bid Fails In ERISA Suit Over Spin-Off; Judge Rules ‘Employees’ Ambiguous

Mealey's (August 9, 2022, 11:09 AM EDT) -- PHILADELPHIA — Saying that a “so-called ‘spin off’ might have been a strategy to deprive long-term employees of benefits they had reason to expect,” a Pennsylvania federal judge on Aug. 4 denied the defendants’ motion to dismiss the putative class suit that asserts claims under the Employee Retirement Income Security Act....