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District Court Finds Twitter Executives May Alternately Plead an ERISA Claim Against Elon Musk for Breach of Fiduciary Duty and Surcharge for Interference with Plaintiffs’ Rights to Severance Benefits

District Court Finds Twitter Executives May Alternately Plead an ERISA Claim Against Elon Musk for Breach of Fiduciary Duty and Surcharge for Interference with Plaintiffs’ Rights to Severance Benefits

In Agrawal, et al. v. Elon Musk, et al., No. 24-CV-01304-MMC, 2024 WL 4654442 (N.D. Cal. Nov. 1, 2024), California Northern District Judge Maxine M. Chesney denied Defendants’ 12(b)(6) Motion…

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Fifth Circuit Affirms Denial of ERISA Severance Plan Benefits Where Plan Administrator Found No Good Reason for Resignation Following Acquisition

In Gift v. Anadarko Petroleum Corporation Change of Control Severance Plan, et al., No. 23-50862, 2024 WL 4689051 (5th Cir. Nov. 6, 2024), the court considered whether Anadarko Petroleum Corporation’s…

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Second Circuit Affirms Dismissal of ERISA Claims Due to Untimeliness

Perlman v. General Electric, et al., No. 24-514-CV, 2024 WL 4635235 (2d Cir. Oct. 31, 2024) (Before: Parker, Kahn, Circuit Judges, and Amon, District Judge). Eighteen years after she left…

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Seventh Circuit Affirms Northrop Grumman Win in Class Action Dispute over ERISA Severance Benefits

In Carlson v. Northrop Grumman Severance Plan & Northrop Grumman Corporation, No. 22-1764, __F.4th__, 2023 WL 3299703 (7th Cir. May 8, 2023) (Before: Easterbrook, Hamilton, and Lee, Circuit Judges), the…

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Fourth Circuit Finds Company Did Not Properly Eliminate ERISA Severance Plan Prior to Mass Layoff

Messer v. Bristol Compressors Int’l, LLC, No. 21-2363, 2023 WL 2759052 (4th Cir. Apr. 3, 2023) involves a class action under the Worker Adjustment and Retraining Notification Act of 1988…

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District Court Finds That Plaintiff Waived Right To Pursue ERISA Claim Through Separation Agreement With Employer

In Schuyler v. Sun Life Assurance Co. of Canada, No. 20-CV-10905 (RA), 2023 WL 2388757 (S.D.N.Y. Mar. 7, 2023), New York District Judge Ronnie Abrams granted Sun Life’s summary judgment…

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