This isn't good!
There are a few SAG members that are NOT keen on the idea of a SAG-AFTRA merger, so they've filed a lawsuit today asking the court for a preliminary and permanent injunction to stop SAG from calling for a vote on the whole issue.
Here's what the suit claims:
'The suit claims that the SAG Board has breached its fiduciary duties to conduct an actuarial impact study detailing the effects of the proposed merger on SAG membership pension and health benefits. The complaint was filed in U.S. District Court, Central District of California.'
And here is what the people who are upset are saying about it:
“We have spent almost two months negotiating with SAG in an effort to get them to present the truth regarding this merger plan. Member are entitled to full disclosure, not half truths and misleading and unsupported promises. They have done nothing of substance to support their claims that the proposed merger will protect SAG member benefits. The average SAG member makes less than $10,000 per year. They need to know that all necessary due diligence was done to protect them.”
“We believe the defendants made this announcement in order to thoroughly saturate the media with pro-merger propaganda, avoiding any balancing information which would allow SAG members to intelligently evaluate the issues prior to voting. If an uninformed membership approves this merger, and then we all learn that it will have crippling, negative effects, it will be too late for anything to be done to return SAG or its current pension and health plans back to their current status.”
Ugh, sounds like a mess!
We wouldn't wan to be anywhere near this crazy storm…
It should be said, however, that we do hope everything is worked out and nobody gets the short end of the stick because of all of this. That would be horrible, especially for those member making very little money!
Wonder what's gonna happen!
[Image via WENN.]
Tags: aftra, announcement, benefit, california, claims, court, dramz, horrible, lawsuit, media, merger, money, people, sag, support