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| Judge certifies Halliburton suit against retirees who complain
16 Aug. 2004
WASHINGTON, Aug. 16 (HalliburtonWatch.org) -- A federal judge today certified a class action lawsuit filed by Halliburton against retirees who complained about the termination of health benefits. Three Halliburton retirees complained in a letter last January about the company's plan to discontinue health insurance benefits for retirees who are eligible for Medicare. In response, Halliburton sued them in a federal court in Houston. The retirees say a 1998 merger agreement between Halliburton and Dresser Industries requires Halliburton to continue paying health insurance benefits to 4,000 salaried retirees. But Halliburton says it repeatedly declared in the merger agreement that it retained the right to terminate those benefits after the merger. |