Court Approves $1.5M Settlement in Amway ERISA Lawsuit
A Michigan federal judge approved a preliminary agreement in Garcia et al. v. Alticor Inc. et al.
Tag: settlement
California Business Conglomerate Cuts $1.25M Deal to End ESOP Lawsuit
A holding company has agreed to settle a lawsuit that alleged fiduciaries of its ESOP plan enriched themselves and shortchanged...
Kohler Agrees to Settle ERISA Lawsuit Against DB Plan
Kohler Co., the Kohler Co. Pension Plan and pension plan beneficiary plaintiffs request the court’s approval of the settlement.
Salesforce Agrees to Settle ERISA Lawsuits
San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.
DOL Requests Approval of Settlement in Pennsylvania Mushroom Farm Case
The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.
RTX Corp. Agrees to Settle ERISA Lawsuit
The aerospace and defense contractor has agreed to a pending settlement in a lawsuit with a former participant.
Plaintiffs Request Judge Approve Settlement in ERISA Data Breach Lawsuit
Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final...
GE Agrees to Pay Record $61M to Settle 401(k) Lawsuit
The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to...
Department of Labor Recovers $22.5M for ESOP
The plan’s former trustee, Reliance Trust Company, settled a complaint following an investigation.
Mutual of America Agrees to $2.75 Million 401(k) Lawsuit Settlement
Subject to court approval, the retirement plan services and investments provider will pay participants in a class action case who...
Juniper Agrees to Settle ERISA Suit for $3 million
The network hardware firm agreed to an ERISA settlement totaling $3 million to dismiss claims of fiduciary breach.