A federal judge has denied Marriott International workers class certification for a lawsuit claiming the hotelier had failed to fulfill its obligations in managing a retirement deferred stock bonus plan.
Judge Roger Titus of U.S. District Court in Maryland ruled in Bond v. Marriott International Inc. that the employees satisfied neither of the arguments they made to merit certification as either a Top Hat class or a Limitations class.
At issue is a deferred stock plan Marriott offered its employees between 1963 and 1990, at which time it changed the plan, telling workers ERISA regulations were the reason for the alterations.
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