Northrop Grumman to Face Trial in Trimmed Pension Class Action

Northrop Grumman Corp. got a partial victory in a class action challenging certain workers’ pension calculations, but one of the case’s core claims can go to trial, according to a ruling by a federal judge in the U.S. District Court for the Central District of California.

Northrop can’t be liable for how employees of a TRW Inc. subsidiary were notified about how corporate transactions and pension plan changes would affect their retirement benefits, because those notifications were made more than 30 years ago and don’t present a timely claim under the Employee Retirement Income Security Act, Judge Jesus G. Bernal ...