The Associated Press is reporting (via Forbes.com): “Judge OKs McDonnell Douglas Settlement.” The settlement being approved here is $8.1 million in back wages for affected plaintiffs terminated as a result of a plant closing. Last year, plaintiffs in the case had prevailed on ERISA section 510 claims against the company for $36 million with respect to the loss of pension and health benefits. The Tenth Circuit had ruled 2-1 back in May that plaintiffs were not entitled to back pay via their section 510 claims under ERISA. According to the Associated Press, settlement discussions followed.
Approval of McDonnell Douglas Settlement Regarding Back Pay
The Associated Press is reporting (via Forbes.com): "Judge OKs McDonnell Douglas Settlement." The settlement being approved here is $8.1 million in back wages for affected plaintiffs terminated as a result of a plant closing. Last year, plaintiffs in the case…