Maneman et al v. Weyerhaeuser Company et al
Case Number:
2:24-cv-02050
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- DeBofsky Law
- Fennemore
- Goodwin Procter
- Ogletree Deakins
- Perkins Coie
- Proskauer Rose
- Schlichter Bogard
- Seyfarth Shaw
Companies
- American Council of Life Insurers
- Pension Rights Center
- State Street Global Advisors Inc.
- Weyerhaeuser Co.
Sectors & Industries:
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January 08, 2026
Weyerhaeuser Says $1.5B Pension Move Didn't Harm Retirees
Lawyers for timber producer Weyerhaeuser and State Street Global Advisors urged a Washington federal judge at a hearing Thursday to throw out a proposed class action from retired workers over Weyerhaeuser's transfer of $1.5 billion in pension obligations to a private equity-backed insurance company, arguing that the retirees have failed to establish the deal actually harmed them.
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December 13, 2024
Retirees Say Lumber Co.'s $1.5B Pension Transfer Upped Risk
A wood product manufacturer violated federal benefits law when it transferred $1.5 billion of pension obligations to a private equity-backed insurance company, substantially increasing the risk that retirees will see their benefits slashed, according to a proposed class action filed in federal court.