Pessin v. JPMorgan Chase U.S. Benefits Executive

  1. August 13, 2024

    2nd Circ. Partially Revives Retirees' JPMorgan Benefits Suit

    The Second Circuit on Tuesday partially resurrected a retired JPMorgan Chase employee's putative class action claiming it failed to properly notify and inform workers after the retirement plan was converted to a cash balance plan, ruling that JPMorgan had properly notified retirees as to only some aspects of the change.

  2. September 01, 2023

    September Brings 5 Appellate Benefits Arguments To Watch

    In September, federal appeals courts have set oral arguments on several important employee benefits disputes from workers claiming violations of the Employee Retirement Income Security Act, and a D.C. Circuit panel will be asked to determine whether Rite Aid violated labor law when changing union retirees' health benefits.

  3. April 20, 2023

    Retiree Urges 2nd Circ. To Reverse JPMorgan Benefits Win

    A retired JPMorgan Chase employee told the Second Circuit it should revive his lawsuit claiming the company failed to properly notify workers that their benefit accruals had been frozen for years, arguing the company couldn't satisfy its legal obligation by providing a phone number on misleading annual statements.

  4. April 06, 2023

    JPMorgan Asks 2nd Circ. To Preserve Benefits Ruling

    JPMorgan Chase urged the Second Circuit not to touch an order that tossed a retired worker's lawsuit claiming the banking giant failed to properly notify employees that their benefit accruals had been frozen for years, with the bank saying it provided ample notice regarding the benefits change.