Class Action News

Anheuser-Busch Owes Bigger Pensions to SeaWorld Workers

Feb. 22, 2017, 5:56 PM

Anheuser-Busch Cos. owes beefed-up pension benefits to about 800 former SeaWorld theme park workers whose company was sold off in connection with the beermaker’s merger with InBev, a federal appeals court ruled (Knowlton v. Anheuser-Busch Cos., 2017 BL 53356, 8th Cir., No. 15-3538, 2/22/17).

In addition to finding that the workers were entitled to larger pensions under a plan provision governing changes in corporate control, the U.S. Court of Appeals for the Eighth Circuit Feb. 22 ordered a lower court to calculate the exact benefits each worker was owed....

To read the full article log in. To learn more about a subscription click here.