Honeywell Wins Retirement Plan Lawsuit After Judge Rules Against Employees
A federal judge has ruled in favor of Honeywell International Inc. in a lawsuit brought by employees of CAES Systems LLC, an aerospace company recently acquired by Honeywell.
The lawsuit challenged various aspects of the employees' retirement plan under federal benefits law, but the plaintiffs failed to show how they were injured by their employer's actions.
The final remaining claim in the case was that the company violated federal law when it failed to provide the plan's investment policy statement upon request.