Continental Can Co.'s agreement to pay $415 million to settle a lawsuit alleging it improperly laid off factory workers to avoid paying pensions is too little, too late for some steelworkers.
"That money ain't nothing," Don Roberts said. "They took our future from us." Roberts, 51, of the Pittsburgh suburb of Glassport is one of 3,000 former Continental workers nationwide who will share the record settlement announced Thursday.The payments mark the end of an eight-year federal lawsuit by the United Steelworkers of America. The union alleged that the company, based in Norwalk, Conn., had secretly plotted to lay off workers and close plants to avoid having to pay lucrative pensions to workers who had at least 20 years' service.