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DuPont, Corteva Restructuring Pension Challenge Moves Forward

Aug. 5, 2022, 1:48 PM

DuPont de Nemours Inc. and Corteva Inc. must face a proposed class action claiming the companies’ recent corporate restructuring improperly blocked workers from receiving the early retirement benefits they’d been promised, according to a Pennsylvania federal court ruling.

Plaintiffs Robert Cockerill and Christopher Newton have adequately alleged violations of the Employee Retirement Income Security Act and can conduct discovery into whether the defendants misled them about their pension benefits, Judge Michael M. Baylson of the US District Court for the Eastern District of Pennsylvania saidThursday. Discovery will help the court determine whether the plaintiffs are eligible for their desired retirement ...