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In re 2014 Avon Products, Inc. ERISA Litigation
Case Number:
1:14-cv-10083
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 29, 2016
Avon Pays $6.25M To End Pension Mismanagement Suit
Avon Products Inc. said on Monday that it will pay $6.25 million to settle a proposed class action in which its employees accused the cosmetics giant of mismanaging pension funds during a Foreign Corrupt Practices Act investigation.
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August 24, 2015
Avon FCPA Pension Suit Heads to Mediation
Avon Products Inc. and a bevy of employees accusing the cosmetics giant of mismanaging pension funds during a Foreign Corrupt Practices Act investigation agreed on Friday to send their proposed class action underway in New York federal court to mediation in hopes of forging a settlement.
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July 10, 2015
Avon Wants Employees' FCPA Pension Suit Nixed
Avon Products Inc. asked a New York federal judge Thursday to dismiss a proposed class action accusing the company of mismanaging employees' retirement funds by keeping them invested in Avon stock during a series of foreign bribery probes, claiming the suit was filed too late.
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April 08, 2015
Avon Employees' Pension Suits Combined In FCPA Aftermath
A New York federal judge has consolidated two "overlapping" class actions claiming Avon Products Inc. ravaged its employees' retirement accounts by keeping them invested in Avon stock through a devastating series of foreign bribery investigations.