Welcome to the website for the administration of the
Textron, Inc. ERISA Litigation
Thank you for visiting the Textron ERISA Litigation website.
Mailing of the class Notice commenced on September 17, 2013.
This website has been established to provide general information related to the
Textron, Inc. ("Textron") ERISA Litigation and resulting Settlement Fund. The capitalized
terms used on this website, and not defined herein, shall have the same meanings
ascribed to them in the Class Action Settlement Agreement dated August 14, 2013.
Although the information in this website is intended to assist you, it does not replace
the information contained in the Notice of Class Action Settlement or the Class
Action Settlement Agreement, both of which can be downloaded from this website.
A settlement has been proposed in this class action lawsuit alleging that the Defendants
breached their fiduciary duties under the Employee Income Retirement Securities
Act of 1974, commonly referred to as ERISA, in connection with the Plan's investment
in and holdings of Textron stock.
The proposed Settlement will result in the creation of a $4.375 million Settlement
This settlement involves all Persons who were participants in or beneficiaries of
the Textron Savings Plan (the "Plan") at any time between July 17, 2007 and December
31, 2011 (the "Class Period"), and whose accounts included investments in the Textron
If you would like to view or print case related documents, please click the Case
Documents tab above.