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  • Employees May Work 6 Years Longer when Employer Skims Fees off the Top of 401k Plan
    Jan-22-20 Collingswood, NJ On November 5, former employee, Young Cho, filed a class action ERISA lawsuit (ERISA) in the District Court for the District of New Jersey alleging that fiduciaries of the Prudential Insurance Company 401k plan breached their duty to plan participants by selecting and managing investment options to benefit Prudential, rather than retirem...
  • Fidelity 401k Fiduciary Lawsuits Consolidated in Massachusetts
    Aug-7-19 Boston, MA Since the beginning of 2019, a collection of class action ERISA lawsuits has worked to expose a secret pay-to-play scheme that arguably benefited Fidelity Management and Research Company and related companies (“Fidelity”) at the expense of 401k retirement savers. These lawsuits have now been consolidated as In re Fidelity ERISA Fee...
  • More Zantac Cancer Lawsuits and Recalls
    Nov-19-19 Santa Clara, CA As more pharmaceutical companies are hit with Zantac cancer lawsuits , they are recalling the acid reflux medication in the U.S. and Canada over complaints of a link to a probable carcinogen called called N-nitrosodimethylamine (NDMA), a chemical that has already been found in animals. What a difference one month can make. The FDA on Oc...
  • Did Northrup Grumman Squander ERISA Pension Money?
    Jun-5-19 Los Angeles, CA Marshall v. Northrop Grumman Corp a class action ERISA lawsuit alleges that fiduciaries of the Northrup Grumman Savings Plan (“Plan”) squandered nearly $10 million in employee 401k retirement money through mismanagement that included paying unnecessary administrative fees between 2010 and 2016. The latest twist in this long-runn...
  • Southwest Airlines Pilots Get $18.8 Million Settlement
    Oct-23-19 City, CA On October 4, the Northern District of California approved a settlement that will pay roughly 2,000 Southwest Airlines pilots close to $19 million for benefits that Southwest allegedly failed to credit during short periods of military leave. The lawsuit that prompted the settlement is grounded in the Uniform Services Employment and Reemployme...
  • Halliburton Settles California Labor Lawsuit
    Oct-24-19 Santa Clara, CA: A former truck driver for Halliburton Energy Services on October 3 told a California Federal Court that they are working on an agreement to settle a lawsuit claiming California labor law violations. The settlement notice said the court will be asked to voluntarily dismiss plaintiff Luis Guerrero’s allegations against one of the world's...
  • J&J Wins a Few Asbestos Talc Trials--and Loses More
    Oct-14-19 Torrance, CA: To date, Johnson and Johnson has lost 14 talcum powder lawsuits (and is appealing most of those), has won seven cases, and five mesothelioma cases have resulted in hung juries and mistrials. The pharma giant is still facing over 14,000 lawsuits alleging its baby powder contained asbestos talc and caused cancer. Two California juries in Octo...
  • Glasswerks L.A, Inc. to pay $1.3 Million to Settle California Unpaid Wages Lawsuit
    May-7-19 Los Angeles, CA A Los Angeles commercial glass manufacturer has agreed to pay $1.3 million to resolve a class action California unpaid wages lawsuit brought on behalf of workers who claim they were shorted on overtime and meal and rest breaks between 2012 and 2018. Most of the more than 1,000 current and former employees affected will pocket about $8...
  • Diamonds and Wage Theft
    Sep-25-19 Los Angeles, CA A proposed class of approximately 3,800 workers appears to be on the verge of settling a class action lawsuit against Sterling Jewelers Inc. Hudson v. Sterling Jewelers Inc. alleged that the jewelry giant failed to pay employee overtime pay, wages and meal breaks in violation of the provisions of California labor employment law . If...
  • Americans Want Automakers to Improve Fuel Economy
    Sep-10-19 Washington, DC: A recent survey by Consumer Reports confirms that most Americans want automakers -- not only Ford -- to improve and increase fuel economy on every type of vehicle. Consumer Reports Survey The August, 2019 Automotive Fuel Economy Survey shows that 88 percent of Americans want automakers to continue to improve fuel economy and...
  • California Labor Lawsuit Targets Meal Break Violations
    Aug-21-19 Oakland, CA A former Payless Car Rental Inc. employee has asked a California court to grant class action status to a lawsuit that focuses on meal break waivers that were allegedly illegal under California labor employment law . Judge Michael Markman seemed doubtful, but set the next hearing date for November 5. A denial of class action status would likel...
  • Johnson & Johnson Settles Deceptive Hip Implant Marketing Lawsuits for $120 Million
    Feb-12-19 Washington, DC Johnson & Johnson (“J&J”) has agreed to pay $120 million to the attorneys general of 46 states and Washington, D.C. to settle claims that the company made unfair and deceptive statements in the promotion of its ASR XL and Pinnacle Ultamet hip implant systems. A separate agreement is expected to resolve most of the thousands of co...
  • Women’s Soccer Team California Discrimination Lawsuits Trigger Athletics Fair Pay Act
    Jul-19-19 Santa Clara, CA: On the heels of the U.S. women's soccer team victory and two ongoing California labor law discrimination lawsuits, two Democratic senators have introduced legislation that calls for equal pay for female Olympic and national team athletes. The two lawsuits filed against U.S. Soccer are both California labor lawsuits for violation of th...
  • Comcast and O.C. Communications California Wage and Hour Settlement Finally Reached
    Jul-8-19 San Francisco, CA: After two years of litigation, a California labor lawsuit involving about 4,500 technicians has finally settled for $7.5 million, after legal fees. The federal class action alleged that O.C. Communications Inc., a tech talent supplier, and Comcast Corp. violated state and federal laws, including not paying the workers for all the hours...
  • Employee 401(k) Lawsuit Claims GE Inflated Stock Value
    Jan-15-19 Albany, NY On December 14, 2018, Adele Vargas filed a class action ERISA lawsuit against General Electric Company (“GE”) and Jeffrey Immelt, its former CEO. She alleges that GE improperly manipulated its earnings and inflated its stock price. As a retirement plan sponsor, it failed in its fiduciary duty to GE employees who invested in the comp...
  • Asbestos Mesothelioma and Ovarian Cancer Victims Claim they Breathed J&J Talc Dust
    May-28-19 South Carolina Donna Olson used J&J talc since she was a young girl, breathing in talc particles from the cloud she made. Teresa Leavitt’s mother used J&J’s baby powder on her as a baby in the 1960s and she continued to use it herself as a teen, powdering her face and hair daily for years. Both women testified in court last week and both women won thei...
  • Bayer’s Biggest Mistake –Buying Monsanto?
    Dec-20-18 San Francisco, CA: August 10, 2018 was a bad day for Bayer and Monsanto executives. That was the day when San Francisco jurors determined that Monsanto’s (and now Bayer’s) RoundUp and Ranger Pro caused cancer in a former school groundskeeper who claimed his terminal cancer had been caused by the glyphosate-based weed-killers. Bayer and Monsanto Dea...
  • Latest ERISA Lawsuit News – 401k Mismanagement Lawsuits Going Strong, New Settlement in Treatment Denial Case
    Apr-26-19 Los Angeles, CA Three ERISA lawsuits – two in the District Court for the Central District of California and two in the Northern District of California – show that ERISA can be a powerful tool to protect workers’ rights. Plan participants who claim that their 401k accounts were mismanaged are on a lawsuit hot streak , and patients w...
  • Hacks, Embezzlements, and 401(k) Mismanagement – What You Can Do to Protect Your Retirement Nest Egg
    Nov-17-18 Washington, DC When asked why he robbed banks, Willie Sutton reportedly replied, “Because that’s where the money is.” Now, however, roughly $5 trillion, or a fifth of all U.S. retirement assets, sit in 401(k) accounts . Today’s Willie Suttons are there, too, as recent ERISA lawsuits and criminal prosecutions confirm. Don&rsqu...
  • Xarelto Settlement of $775 million Over Failure to Warn Claims
    Apr-9-19 New Orleans : Thousands of patients who took Xarelto have settled, through multi-district litigation, with Johnson & Johnson and Bayer for three quarters of a billion dollars. Plaintiffs allege that the manufacturers marketed the drug to physicians to prevent blood clots, but failed to inform them of Xarelto side effects, which could cause life-threateni...
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