On Tuesday, after years of litigation and a two-week trial, U.S. District Judge Katherine Forrest ruled against Foot Locker Inc. in a class action suit brought by former Foot Locker Inc. employees who sued the retailer for hiding aspects of a pension plan change that resulted in an unexpected decrease in retirement benefits. Judge Forrest found that the shoe retailer intentionally misled employees about major changes it made to its pension plan nearly two decades ago in order to pad its bottom line as it faced insolvency.
Plaintiffs were represented by Eli Gottesdeiner, Steven Cohen and Albert Huang of the Gottesdeiner Law Firm. The Impact Trial team supporting the plaintiffs consisted of Randall Carter, Jeff Woodbury and Mallory Sherman who provided trial technology and visual communications support throughout the trial.
Osberg v. Foot Locker Inc. et al., 1:07-cv-01358, U.S. District Court – Southern District of New York.