$9.5 Million Class Action Settlement for Former Owens-Illinois Employees
Settlement Provides Lump Sum Payment to 100 Former Employees; Ends Decade-Long Dispute
PHILADELPHIA, Oct. 29, 2014 /PRNewswire/ -- On October 23, 2014, U.S. District Court Judge Robert D. Mariani approved a $9.5 million class settlement of a decade-long dispute between former Owens-Illinois (O-I) employees and the company. Carol Mager and Susan Saint-Antoine of Console Law Offices LLC, and Sidney Gold of Sidney L. Gold & Associates, P.C. respectively represented 100 long-service terminated employees who were denied subsidized retirement benefits when the business they worked for was sold by O-I. In 2010 the case was certified as a class action and had proceeded through full pre-trial discovery. The settlement provides a lump sum tax-deferred payment to each of the 100 class members from the pension plan, in addition to the regular retirement benefit. It also represents the successful conclusion of seven years of hard fought litigation over the entitlement to the special retirement benefit.
About Console Law Offices, LLC
Console Law Offices LLC is an employment rights law firm with offices in Philadelphia, Pennsylvania and Moorestown, New Jersey. Since its inception in 1990, the firm has specialized in the representation of current, former and potential employees concerning work-related matters. The lawyers at Console Law Offices LLC counsel whistleblower-employees who have been retaliated against and individuals who have been victimized by illegal employment discrimination and retaliation, including harassment at work. They also represent employees concerning medical leaves, disability benefits, wage and hour claims, employment contracts, severance agreements, stock option plans, and class action lawsuits. For more information visit: www.consolelaw.com.
SOURCE Console Law Offices, LLC
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