Donaldson v. Pharmacia Pension Plan

MEMORANDUM AND ORDER

MURPHY, Chief Judge.

This action is before the Court on the Motion to Dismiss Plaintiffs’ Complaint brought by Defendants Pharmacia Cash Balance Pension Plan, Pharmacia Corporation, Pharmacia & Upjohn Company, and Pfizer, Inc. (Doc. 25). 1 For the following reasons, Defendants’ motion to dismiss is DENIED.

Introduction

Plaintiffs Fred Donaldson, Albert Walter, III, and Mary Clawson bring this action under the Employee Retirement Income Security Act of 1974, 29 U.S.C. §§ 1001-1461 (“ERISA”) on behalf of themselves and a proposed class of participants in the Pharmacia Cash…