- 6 - provide equal opportunity for individual employees of IDS age 40 and older. The injunctive relief sought by EEOC was prospective in nature and intended to benefit all employees of IDS including employees who were plaintiffs in the Glass and Stephens class actions. Intervention by EEOC in the Glass and Stephens class actions enhanced the merits of the class action lawsuits against IDS. Legal services of Winthrop and Weinstine on behalf of the class action plaintiffs complemented the legal services of EEOC’s attorneys, and vice versa. On November 21, 1991, in the Glass and Stephens class actions, the District Court granted partial summary judgment in favor of IDS and against the class action plaintiffs dismissing certain breach of contract, ERISA, and tort claims made against IDS. Some of the legal services performed by Winthrop and Weinstine prior and subsequent to November 21, 1991, were attributable to the advancement of plaintiffs' contract and ERISA claims. In early August of 1992, a comprehensive settlement in the Glass and Stephens class actions was entered into in which IDS agreed to pay $35 million to resolve all remaining claims relating to the above class actions, including claims for litigation costs and attorney's fees.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011