Greenwood v. Antonio Perez, et al. (Kodak ERISA) Lawsuit
12-cv-6051, 12-cv-6056, 12-cv-6067, 12-cv-6071, 12-cv-6078, 12-cv-6080, 12-cv-6146
ERISA & Employee Benefits
United States District Court for the Western District of New York
Berger & Montague has filed a class action
complaint on behalf of the participants and beneficiaries of
the Eastman Kodak Employees' Savings And Investment Plan (the
"SIP") and Eastman Kodak Employee Stock Ownership Plan (the "ESOP",
collectively with the SIP, the "Plans").
About the case:
Specifically, the complaint alleges that the Plans'
administrators and fiduciaries continued to invest the Plans'
assets in Eastman Kodak's common stock even though it was apparent
that the company's stock was an imprudent investment. As the
stock depreciated in value over time, and eventually, the company
filed for bankruptcy destroying whatever value was left, the Plans'
adminsitrators and fiduciaries failed to act to protect the
interests of the Plans' participants and beneficiaries. Plaintiffs
allege that this conducted violated the Employee Retirement Income
Security Act ("ERISA").
Berger & Montague is committed to representing the
participants and beneficiaries of the Plans to recover what is
If you are participant or beneficiary in the Eastman Kodak
Employees' Savings and Investment Plan or the Eastman Kodak
Employee Stock Ownership Plan, you may be entitled to financial
compensation. To find out more information about this class
action case, fill out our contact form or contact one of the
attorneys listed to the right.