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Kennedy et al v. ABB Inc. et al
Case Number:
2:06-cv-04305
Court:
Nature of Suit:
Judge:
Firms
- Bailey & Glasser
- Bryan Cave
- Donovan Rose
- Goodwin Procter
- Kramer & Frank
- Lathrop GPM
- Morgan Lewis
- O'Melveny & Myers
- Schlichter Bogard
Companies
Sectors & Industries:
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August 19, 2019
Attorneys Score $20M For Work On ABB 401(k) Class Action
The attorneys who represented workers in a 13-year battle with ABB Inc. over excessive 401(k) plan fees will go home with roughly $20 million after securing a $55 million settlement with the technology company.
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June 17, 2019
Attys Seek $20M For 'Historic' 12-Year 401(k) Fight With ABB
Schlichter Bogard & Denton LLP attorneys have asked a Missouri federal judge to award them $20.8 million in fees and expenses stemming from a $55 million settlement resolving a long-running class action against ABB Inc., which accused the technology company of allowing Fidelity to charge its workers excessive 401(k) plan fees.
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March 28, 2019
ABB Strikes $55M Deal To End Long-Running ERISA Suit
ABB Inc. reached a $55 million deal Thursday to close the book on a 13-year-old class action accusing the technology and power company of using workers' retirement savings to offset its expenses and wrongly diverting those savings from one investment fund to another.
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April 02, 2012
ABB, Fidelity Must Pay $37M Over Pumped-Up 401(k) Fees
A Missouri federal judge on Friday found ABB Inc. and Fidelity Management & Research Co. liable for a combined $36.9 million in a class action brought by ABB retirees who took issue with fees surrounding their 401(k) plans.