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Talen Energy Retirement Benefits Suit Advances Despite Releases

Sept. 14, 2021, 3:42 PM

Utility provider Talen Energy Corp. must face a federal lawsuit claiming it shortchanged the pensions of hundreds of management level employees who lost their jobs after Pennsylvania Power & Light spun off part of its power generation business.

Talen sought to have the proposed class action dismissed, pointing to release agreements the employees signed when they left the company. Judge Jeffrey L. Schmehl of the U.S. District Court for the Eastern District of Pennsylvania declined to dismiss the case on these grounds, saying he couldn’t consider the release agreements at this stage of the lawsuit because they weren’t “integral” to ...

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