Electronic Data Systems Corp. ERISA Litigation

 

Keller Rohrback and Co-Counsel filed the In re Electronic Data Systems Corporation ERISA Litigation Complaint in the United States District Court for the Eastern Districtof Texas, Tyler Division, on behalf of Plaintiffs and a Class of all persons who were participants in or beneficiaries of the EDS 401(k) Plan (“the Plan”) between September 7, 1999 and October 9, 2002. The Complaint alleged that Defendants breached their fiduciary duty to Plaintiffs and the class in numerous ways. In August 2008, the Court approved a settlement providing that Defendants would pay $12.5 million in cash and make significant improvements to the Plan. 

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