A federal jury in Camden, N.J., has issued a verdict that wouldrequire Lockheed Martin Corp. to pay $51.5 million, including $50million in punitive damages, in an age discrimination suit by an engineer,according to court records.

The suit claimed Lockheed Martin had a practice of laying offolder employees while hiring younger workers for the sameposition.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Charles Toutant

Charles Toutant is a litigation writer for the New Jersey Law Journal.