Thomas A. PAULSEN, Plaintiff,
Edward L. Frazee; Chester Madison, Plaintiffs,
Lloyd Michael O'Connell, III, individually and on behalf of a class of all other persons similarly situated, Plaintiff, and
Robert M. Bowden, Plaintiff-Appellant,
Robert J. Newell, Plaintiff-Appellant,
v.
CNF INC.; CNF Service Company Inc.; Administrative Committee of the Consolidated Freightways Corporation Pension Plan; Stephen D. Richards; James R. Tener; Robert E. Wrightson; Towers, Perrin, Forster & Crosby, Inc.; Pension Benefit Guaranty Corporation, Defendants-Appellees.
Thomas A. Paulsen; Robert M. Bowden; Edward L. Frazee; Robert J. Newell; Lloyd Michael O'Connell, III, individually and on behalf of a class of all other persons similarly situated; Chester Madison, Plaintiffs-Appellants,
v.
CNF Inc.; CNF Service Company Inc.; Administrative Committee of the Consolidated Freightways Corporation Pension Plan; Stephen D. Richards; James R. Tener; Robert E. Wrightson; Towers, Perrin, Forster & Crosby, Inc.; Pension Benefit Guaranty Corporation, Defendants-Appellees.
United States Court of Appeals, Ninth Circuit.https://leagle.com/images/logo.png
Argued and Submitted August 11, 2008.
Filed March 20, 2009.
Attorney(s) appearing for the Case
Teresa S. Renaker, Lewis, Feinberg, Lee, Renaker & Jackson, P.C., on behalf of plaintiffs-appellants Thomas A. Paulsen, Robert M. Bowden, Edward L. Frazee, Chester Madison, Robert Newell, and Lloyd Michael O'Connell III.
David L. Bacon, Thelen Reid Brown Raysman & Steiner LLP, on behalf of defendants-appellees CNF Inc. and CNF Service Co., Inc.
Gary S. Tell, O'Melveny & Meyers LLP, on behalf of defendants-appellees Stephen D. Richards, James R. Tener, Robert E. Wrightson, and the Administrative Committee of the Consolidated Freightways Corporation Pension Plan.
Robert E. Mangels and Susan Allison, Jeffer, Mangels, Butler & Marmano, LLP, on behalf of defendant-appellee Towers, Perrin, Forster & Crosby, Inc.
Charles L. Finke and Vicente Matias Murrell, Pension Benefit Guaranty Corporation, and Charles S. Birenbaum and Robert Spagat, Winston & Strawn, LLP, on behalf of defendant-appellee Pension Benefit Guaranty Corporation.
Before EUGENE E. SILER, JR., M. MARGARET McKEOWN, and CONSUELO M. CALLAHAN, Circuit Judges.
United States Court of Appeals, Ninth Circuit.
OPINION
CALLAHAN, Circuit Judge:
Plaintiffs-Appellants are former employees ("the Employees") of CNF Inc. ("CNF"), a supply chain management company that underwent a substantial reorganization starting in 1996.1 The Employees allege that as a result of CNF's reorganization, which included a "spinoff" of an underperforming division of CNF in which the Employees worked, their retirement benefits were substantially reduced. The...
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