Townes Telecommunications, Inc. v. National Telecommunications Cooperative Association

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA Alexandria Division TOWNES TELECOMMUNICATIONS, INC., et al., ) Plaintiffs, ) v. Civil No. 1:19-cv-436 NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION, et al., ) Defendants. ) MEMORANDUM OPINION This removed action is a dispute over whether plaintiffs, seven employers seeking to withdraw from a pension plan (the “Plan”), must pay a multi-million-dollar withdrawal liability to defendants, the trade association that offers the plan and the plan trustee. Plaintiffs object to defendants’ imposition and calculation of the…