Northern Trust to pay $6.9 million to settle 401(k) lawsuit

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

2 weeks from now

Jan 7, 2025  · Northern Trust Co. has agreed to pay $6.9 million to settle a lawsuit by participants in a company 401(k) plan who accused the company and its fiduciaries of violating federal law by failing to ...

pionline.com

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 …

benefitspro.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 settlement …

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 $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

$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 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

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

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 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 Settles AutoZone 401(k) ERISA Suit For $2.5 Million

2 weeks from now

Dec 8, 2023  · The AutoZone Inc. 401(k) Plan, Memphis, had $824.5 million in assets as of Dec. 31, 2022, according to the latest Form 5500. Recommended for You Securities class-action …

pionline.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

Northern Trust, Workers Negotiate Class Deal In 401(k) Fund Suit

2 weeks from now

Oct 11, 2024  · Northern Trust Co. reached a tentative class settlement with employees challenging the in-house target date funds in the financial services company’s $2.7 billion …

bloomberglaw.com

Judge OKs $4.2 Million Northern Trust Settlement With Michigan …

2 weeks from now

Jan 13, 2017  · Northern Trust Corp. will pay more than $4.2 million to settle a lawsuit filed by a group that includes two Pontiac, Mich., pension systems over investment losses that occurred …

classactionreview.com

AutoZone 401(k) Plan $2.5 Million ERISA Settlement

2 weeks from now

Oct 8, 2024  · If you participated in the AutoZone, Inc. 401(k) Plan between November 11, 2013, and August 21, 2024, you may be eligible to claim compensation from a class action …

claimdepot.com