Hertz Schram Obtains $39 Million Settlement on Behalf of Disabled Retirees in Class Action Lawsuit
The Plan, a multiemployer pension plan subject to the Employee Retirement Income Security Act of 1974 (ERISA), dramatically reduced the class members’ Disability Retirement Benefits (DRB) by an average of more than 61 percent and threatened total elimination of their DRB. The 324 plaintiffs, most of whom reside in the Detroit area, filed suit in the U.S. District Court for the Eastern District …
