October 10, 2018
A New Jersey federal judge on Wednesday tossed a lawsuit against Alcatel-Lucent from two unions and four onetime company employees over its combined transfer of roughly $1.2 billion and thousands of members between pension plans, finding that the plaintiffs lacked standing and did not state viable claims under the Employee Retirement Income Security Act.
November 30, 2016
Alcatel-Lucent USA Inc. scored a quick win Wednesday in a suit brought by two unions and several former employees challenging the company's decision to shift about $1.2 billion between pension plans, with a New Jersey federal judge ruling that neither the workers nor the unions could show they suffered a concrete injury.
May 24, 2016
Two unions and several former Alcatel-Lucent employees blasted claims that the U.S. Supreme Court's Spokeo decision supports axing litigation challenging the company's decision to transfer money between pension plans, telling a New Jersey federal court Monday that the ruling actually supports their stance.
May 17, 2016
The harm requirement for plaintiffs created by the U.S. Supreme Court's Spokeo decision on Monday confirms that a New Jersey federal judge should dismiss an employee suit challenging Alcatel-Lucent's decision to transfer money between pensions funds, the company argued in a letter Tuesday.
November 19, 2015
A union and three former Alcatel-Lucent USA Inc. employees filed suit in New Jersey federal court Thursday looking to stop the company from diverting $1.2 billion in excess funds from a worker pension fund to other company-sponsored plans.