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Sears previously cut bonuses, eliminated stock-option grants to all but top executives, and ended guaranteed pensions and company-subsidized retiree medical coverage for younger workers.

Employees will get a 5 percent discount on stock purchases.

Many of Sears' 16,000 retirees fear if the company is allowed to stop making pension contribtions, they will receive reduced pensions.

Over the last twelve years, Consumerist has been a steadfast proponent and voice on behalf of consumers, from exposing shady practices by secretive cable companies to pushing for action against dodgy payday lenders.

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They also seek costs and punitive damages, making any potential victory a costly one for the company.

The plaintiff, Antoantea Vatraleva, has also asked the court judge for an injunction preventing Sears from continuing the practice in the future.

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