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September 04, 2024
Dow et al v. Lumen Technologies Inc et al
Case Number:
1:24-cv-02434
Court:
Nature of Suit:
Employee Retirement Income Security Act (ERISA)
Multi Party Litigation:
Class Action
Judge:
Firms
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Sectors & Industries:
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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
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September 05, 2024
Lumen Sued Over $1.4B Pension Swap With 'Risky' Provider
Two retired employees of Lumen Technologies are suing the internet service provider and an investment adviser over the transfer of $1.4 billion in pension obligations to a "highly risky private equity-controlled" insurance company, arguing in a Colorado class action that the move puts their retirement benefits at risk despite safer options available.
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