One month after denying a motion to certify a 20,000-member class action, U.S. District Judge John McBryde on Wednesday, August 5, 2020, granted motions for summary judgment filed by American Airlines, its pension administration committee, and Jackson Walker client American Airlines Federal Credit Union (AAFCU).
For more information about the lawsuit, read the Firm’s announcement “Jackson Walker Attorneys Defend American Airlines Federal Credit Union in ERISA Suit” and the following Law360 articles (subscription required):
- “American Air Beats Ex-Workers’ 401(k) Investment Option Suit” (August 6, 2020)
- “American Airlines Says 401(k) Management Suit Can’t Fly” (July 6, 2020)
- “American Airlines Beats Class Bid In 401(k) Management Suit” (July 2, 2020)
Texas born and raised more than a century ago, Jackson Walker continues to advance the world of business by helping companies of all sizes navigate today’s increasingly complex, interconnected legal landscape. Both public and private companies have turned to Jackson Walker to represent them in a variety of cases concerning employee benefits, including disputes about breaches of fiduciary duty concerning the administration of ERISA plans. To explore the Firm’s experience handling ERISA litigation and defending against class actions, visit our Trial & Appellate Litigation and Employee Benefits & Executive Compensation (ERISA) practice pages.