Lawsuit against GE for cutting retiree health benefits allowed to proceed

On June 5, 2015, the District Court for the Eastern District of Wisconsin issued a decision allowing a lawsuit challenging GE’s decision to cut its retired employees health benefits to proceed. That suit, filed by Despres, Schwartz & Geoghegan, Ltd. on behalf of two GE retirees last in October 2014, alleges that GE breached its fiduciary duty to its employees and retired employees by telling them that it “expected and intended” to continue their health insurance plans even as it was planning to terminate that coverage. GE moved to dismiss the suit, but the court denied that motion in its June 5th opinion, and the case will now proceed into the discovery stage.

Below is the district court’s order explaining its reasoning in allowing the case to proceed:

Kauffman v. GE Decision & Order