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BAYER v. HOLCROFT/LOFTUS, INC.

No. 90-70306.

769 F.Supp. 225 (1991)

Robert BAYER, Melvin Greiner, Lucretia Hylton, Christopher Juracek, Thomas Majewski, Steven Marcoe, Paul Schaffer, Jeffrey Scheurich, Wesley Sims, and Edwin Haack, individually, and on behalf of all others similarly situated, Plaintiffs, v. HOLCROFT/LOFTUS, INCORPORATED, a wholly-owned SUBSIDIARY OF THERMO ELECTRON CORPORATION, Defendants.

United States District Court, E.D. Michigan, S.D.

July 16, 1991.

Attorney(s) appearing for the Case

George Kruszewski, Detroit, Mich., for plaintiffs.

George D. Mesritz, Detroit, Mich., for defendants.

MEMORANDUM AND ORDER

COHN, District Judge.

I.

This is a case under the Employee Retirement Income Security Act (ERISA), 29 U.S.C. §§ 1001 et seq. Plaintiffs are ten employees of defendant, Holcroft/Loftus, Inc. (Holcroft), who accrued benefits during the course of their employment under the terms of the Holcroft & Company Employees' Retirement Plan (the Plan).1 Plaintiffs say that, after the Internal...

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