Schultz v. Texaco Inc.
District Court, S.D. New York
1Opinion of the Court
AMENDED DECISION AND ORDER
BARRINGTON D. PARKER, District Judge.
In this ERISA action, Plaintiffs are former employees of Texaco, Inc. (“Texaco”) and Texaco Exploration and Production, Inc. (“TEPI”), who were hired directly by Texaco or TEPI and then reclassified as independent contractors in the early 1990’s. The plaintiffs bring this putative class action under various provisions of the Employee Retirement Income Security Act of 1974, 29 U.S.C. Sec. 1001, et seq. (“ERISA”). They allege that defendants Texaco, members of its Board of Directors, TEPI, and Janet L. Stoner, the benefit plans…
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