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Lockheed in settlement talks on pension case

December 15, 2014

Lockheed is fighting claims its mismanagement of retirement benefit plans left workers with worse returns on company stock than investors who bought it on the open market.

Lockheed faces pension-mismanagement trial

December 15, 2014

Eight years after the lawsuit was filed, Lockheed will face off against the plaintiffs at a nonjury trial set to start today in federal court in East St. Louis, Illinois.

Illinois plan to cut pension shortfall struck down

November 21, 2014

Illinois legislative fix for its $111 billion pension funding shortfall violates the states constitution, a judge ruled today in striking down the 2013 measure.

Lockheed in settlement talks on pension case

Lockheed faces pension-mismanagement trial

Illinois plan to cut pension shortfall struck down

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