Schnader Harrison Can't Escape Suit Over Allegedly Misappropriated Comp, Judge Finds
Former income partner Jo Bennett's putative class action survived a motion to dismiss.
July 24, 2024 at 02:29 PM
3 minute read
What You Need to Know
- Jo Bennett's suit against her former firm, the now-dissolved Schnader Harrison Segal & Lewis, has survived a motion to dismiss, moving forward to class action certification.
- Bennett sued the firm claiming it violated ERISA regulations and commingled funds that were supposed to be allocated to pensions with the firm's general operating accounts.
Former Schnader Harrison Segal & Lewis income partner Jo Bennett's suit against her now-shuttered firm for allegedly misappropriating salaried senior attorneys' compensation since 2018 will advance, after a Pennsylvania federal judge rejected a motion to dismiss Monday.
Bennett, now stationed as a partner and labor and employment chair at Culhane Meadows, filed her class action suit against Schnader and 34 of its equity partners in February, claiming that the firm violated Employee Retirement Income Security Act requirements and required eligible nonequity partners and counsel to defer a portion of their annual compensation into the firm's pension plan despite the pension plan not requiring such contributions.
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