Duke Mortality Data $2.35M Settlement Ends Pension Dispute Over Outdated Calculations

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Settlement Before Appeals Court Review

Duke had appealed, arguing that under ERISA, plan sponsors have broad leeway to amend retirement plans, including arbitration clauses. But the settlement preempted the Fourth Circuit’s review, closing the case before Duke’s arguments could be tested on appeal.

Counsel on Record

Franklin is represented by Oren Faircloth and Dana Smith of Siri & Glimstad LLP.

Duke is represented by Jeremy P. Blumenfeld, Mary Ann F. McNulty, Michael E. Kenneally, and Abbey M. Glenn of Morgan Lewis & Bockius LLP, along with Dixie T. Wells of Ellis & Winters LLP.

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