Independent Ass'n of Publishers' Employees v. Dow Jones & Co.

MEMORANDUM OPINION AND ORDER

CEDARBAUM, District Judge.

Defendants’ motion to dismiss Count One of the complaint is granted for the reasons stated below.

Background

This is a dispute over the valuation of the salaries of Dow Jones’ Canadian employees for the purpose of calculating the dollar amount of the employer’s contributions to the Dow Jones Profit-Sharing Retirement Plan (“the Plan”). The Independent Association of Publishers’ Employees, Inc. (“IAPE”), the collective bargaining representative of the approximately 1,500 employees of Dow Jones, and the ten individual employees who work in…