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Dempsey et al v. Verizon Communications Inc. et al
Case Number:
1:24-cv-10004
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bursor & Fisher
- Covington & Burling
- Edward Stone Law
- Goodwin Procter
- Kantor & Kantor
- Ogletree Deakins
- Schneider Wallace
Companies
Sectors & Industries:
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July 17, 2026
Eye On ERISA: Jerry Schlichter Talks 401(k) Litigation, Theory
Plaintiff-side litigation veteran Jerry Schlichter, founding and co-managing partner of Schlichter Bogard LLP, told Law360 that highlights among the firm's recent legal victories include a reported settlement to end 401(k) investment litigation against ADP, as well as a $150 million settlement in a toxic lead emissions case.
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February 06, 2026
Verizon Workers Will Seek 2nd Circ. Pension Suit Revival
Verizon employee retirement plan participants who allege the telecom and its independent fiduciary illegally converted $6 billion in pension benefits to risky annuities told a New York federal court Friday they'll seek Second Circuit revival of their proposed class action, which was tossed on standing grounds in January.
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January 09, 2026
Future Risk Not Enough To Save Verizon Pension Annuity Suit
A New York federal judge tossed a suit from a group of retirees who claimed Verizon Communications Inc. and its independent fiduciary State Street Global Advisors Trust Co. illegally converted $6 billion in pension benefits to risky annuities, ruling that the workers hadn't shown that the annuity holders were unlikely to follow through on their benefits.
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April 07, 2025
Verizon, State Street Say Pension Annuity Suit Claims Fall Flat
Verizon Communications and its independent fiduciary State Street urged a New York federal judge to toss a proposed class action from Verizon retirees who challenged the conversion of their federally regulated pension benefits into annuity insurance contracts, arguing the allegations lacked standing and failed to state a claim.
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April 04, 2025
Pension Annuity Rulings Leave Attorneys Looking For Clarity
Benefits attorneys say they'll be watching the circuits, and perhaps the nation's highest court, for clarity after recent divergent decisions in cases accusing defense and aerospace manufacturer Lockheed Martin and aluminum giant Alcoa of violating federal benefits law by converting pension benefits into annuity insurance contracts.