allstatecase

In a ruling dated March 21, 2007, Judge Fullam advised the parties that he has reached a number of tentative conclusions in this case, as well as in the pending Romero I and EEOC cases. As set forth in the memorandum opinion issued by the Court, Judge Fullam stated that he had concluded that challenged amendments to the Agents Pension Plan were "validly adopted and became effective." In reaching this conclusion, it appears that Judge Fullam relied exclusively on Scott and Swain, despite the fact that the claims in those two cases were brought in connection with different amendments to the Plan that were adopted by Allstate in November 1991, and made retroactive to January 1, 1989. Judge Fullam has invited the parties to submit additional briefs that bring to the Court's attention any issues that he may have overlooked, as well as any argument or "other factor" that impugns the decisions in Scott and Swain. Plaintiffs believe that the tentative conclusion reached by Judge Fullam is not correct and will file a brief that attempts to explain why he is in error. We will keep you advised of any further rulings from the Court.

Further information about the Romero I and EEOC lawsuits can be found at www.allstatecase.com.