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TAGLIAFERRI v. WEISS BROS. STORES, INC.

No. 66870.

388 So.2d 765 (1980)

Kathryn TAGLIAFERRI et al. v. WEISS BROS. STORES, INC., d/b/a Gus Mayer Stores, Inc. et al.

Supreme Court of Louisiana.

September 3, 1980.

Attorney(s) appearing for the Case

Lannis A. Kircus, Terry R. Tippit, Austin, Tex., for plaintiffs-applicants.

E. Harold Saer, Jr., Wiley G. Lastrapes, Jr., Chaffe, McCall, Phillips, Toler & Sarpy, Sam A. LeBlanc, III, William S. Poole, Jr., D. Michael Dendy, Adams & Reese, New Orleans, for defendants-respondents.

MARCUS, Justice.*

Plaintiffs were employees of Gus Mayer Stores, Inc., an affiliate of Weiss Bros. Stores, Inc. In July 1965, Weiss and its affiliates executed a "Profit Sharing Plan and Trust Agreement for Employees of Weiss Bros. Stores, Inc. & Affiliates," whereby individual accounts were established for each participant and the employer made contributions to those accounts based on the corporation's profits.

In 1969, Warnaco...

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