SBC Communications ERISA Lawsuit
Result: $10 million settlement
Year: 2002
Gottlieb v. SBC Communications Breach of Duty Lawsuit
With co-counsel, Lieff Cabraser represented current and former employees of SBC and Pacific Telesis Group (PTG) who participated in AirTouch Stock Funds, which were at one time part of PTG’s salaried and non-salaried savings plans. After acquiring PTG, SBC sold AirTouch, which PTG had owned, and caused the AirTouch Stock Funds that were included in the PTG employees’ savings plans to be liquidated.
Plaintiffs alleged that in eliminating the AirTouch Stock Funds, and in allegedly failing to adequately communicate with employees about the liquidation, SBC breached its duties to 401k plan participants under the Employee Retirement Income Security Act. In 2002, the Court granted final approval to a $10 million settlement.
Civil Litigation News
Judge Will Grant Preliminary Approval to $255M Economic Loss Settlement Against Juul
As reported by Law360, on January 20, 2023, U.S. District Judge William H. Orrick of the Federal District Court for the Northern District
Consumer Class Action Over Evenflo Child Car Seats to Move Forward
On Wednesday, January 3, 2023, The 1st Circuit Court of Appeal in Boston declined to rehear its November 23rd decision reviving the
Federal Court says Evenflo must face ‘Big Kid’ booster seat safety litigation
The 1st Circuit Court of Appeal in Boston has revived class action litigation accusing Evenflo Company Inc of misleading consumers about the
