Northern Trust agrees to pay $6.9M over ‘underperforming’ target …

Northern Trust Agrees To Pay $6.9M Over ‘underperforming’ Target …

2 weeks from now

Jan 9, 2025  · With an uptick in 401(k) mismanagement lawsuits in the last year, one firm, Northern Trust, has agreed to pay $6.9 million to settle a class action lawsuit by employees challenging the use of the ...

benefitspro.com

$6.9M Northern Trust ERISA Settlement Seeks ... - ClassAction.org

2 weeks from now

Jan 15, 2025  · A $6.9 million settlement has been reached that, if approved by the court, will resolve a proposed class action lawsuit that claimed the Northern Trust Company breached its …

classaction.org

Northern Trust To Pay $6.9 Million To Settle 401(k) Lawsuit

2 weeks from now

Jan 7, 2025  · The class action settlement, unopposed by Northern Trust, will affect approximately 14,000 participants, according to the document which requires court approval.

pionline.com

Northern Trust Reaches $6.9M Settlement Over In-House TDFs

2 weeks from now

Jan 8, 2025  · Northern Trust Co. has agreed to pay $6.9 million to settle a class action lawsuit challenging the use of the firm’s in-house target-date funds for its 401(k) plan. ... The Northern …

plansponsor.com

$6.9 Million Settlement Struck In Northern Trust Excessive Fee Suit

2 weeks from now

Jan 9, 2025  · As for those amounts, the settlement (Conlon et al. v. The Northern Trust Co. et al., case number 1:21-cv-02940, in the U.S. District Court for the Northern District of Illinois) calls …

napa-net.org

Northern Trust Settles Retirement Class Action For $6.9 Million

2 weeks from now

Jan 8, 2025  · Northern Trust has agreed to settle a 2021 class action lawsuit alleging the bank failed to properly monitor investments in the company’s retirement plan. The settlement of $6.9 …

chicagobusiness.com

Northern Trust $6.9 Million Target Date Fund Settlement Gets Nod

2 weeks from now

Jan 29, 2025  · Northern Trust Co.'s $6.9 million class settlement over the in-house target date funds in its employees’ 401(k) plan received initial approval from a Chicago federal judge. The …

bloomberglaw.com

Northern Trust Inks $6.9M Deal To Shutter 401(k) Suit - Law360

2 weeks from now

Law360 (January 6, 2025, 6:09 PM EST) -- Northern Trust Co. has agreed to pay $6.9 million to end a proposed class action claiming it tapped underperforming proprietary investment funds …

law360.com

Northern Trust To Pay $6.9 Million Over In-House 401(k) Funds

2 weeks from now

Jan 6, 2025  · Northern Trust Co. will pay $6.9 million to settle a lawsuit by employees challenging the in-house target date funds in the financial services company’s $2.7 billion 401(k) plan. …

bloomberglaw.com

The Northern Trust Company - ClassAction.org

2 weeks from now

Jan 15, 2025  · $6.9M Northern Trust ERISA Settlement Seeks Preliminary Approval from Court. January 15, 2025 A $6.9 million settlement may resolve a class action that claimed Northern …

classaction.org

Northern Trust Settles 401(k) Lawsuit For $6.9 Million

2 weeks from now

Jan 9, 2025  · Northern Trust Co. has agreed to a $6.9 million settlement in a class action lawsuit over its 401(k) plan’s use of in-house target-date funds, pending court approval, Plansponsor …

businessinsurance.com

Diebold V. Northern Trust Investments, N.A. | ERISA Law Firm

2 weeks from now

Berger Montague served as co-lead counsel and obtained a $36 million settlement on behalf of 401(k) and pension plans that maintained investments in certain collective trusts managed by …

bergermontague.com

$4.25M Deal Ends Litigation Vs Northern Trust Over 'hundreds Of ...

2 weeks from now

Jan 12, 2017  · A Chicago federal judge has signed off on a $4.25 million settlement to end years of litigation between financial investment firm Northern Trust Co. and a host of public worker …

cookcountyrecord.com

Southwest 401(k) Latest Target Of Imprudent Investment Litigation

2 weeks from now

Jan 29, 2025  · In December 2024, the firm filed for preliminary approval of a record $69 million settlement in its multi-year class action against UnitedHealth Group. Earlier in 2024, the firm, …

401kspecialistmag.com

Sanford Heisler Sharp McKnight Files ERISA Class Case Against …

2 weeks from now

Jan 29, 2025  · In December 2024, the firm filed for preliminary approval of a record $69 million settlement in its multi-year class action against UnitedHealth Group. Earlier in 2024, Sanford …

sanfordheisler.com

AutoZone Sues Northern Trust Over Alleged ERISA Violations

2 weeks from now

Sep 27, 2021  · The AutoZone 401(k) Retirement Savings Plan, Memphis, Tenn., had approximately $675 million in assets as of Dec. 31, 2019, according to the lawsuit. Related …

pionline.com