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Sulyma v. Intel Corporation Investment Policy Committee et al

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Case Number:

5:15-cv-04977

See also:

Court:

California Northern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Vince Chhabria

Firms

Companies

Sectors & Industries:

  1. January 23, 2026

    Intel Case Sets Up Justices To Tackle 401(k) Benchmarks

    The U.S. Supreme Court's decision to take up a suit challenging target-date fund offerings in two Intel employee 401(k) plans gives benefits attorneys hope that clarity is coming on whether meaningful benchmarks are required to plead that investment underperformance breached fiduciary duties under federal benefits law.

  2. January 10, 2022

    Bulk Of Ex-Intel Workers' ERISA Suit Permanently Tossed

    A California federal judge has permanently dismissed all but one claim from a proposed ERISA class action accusing Intel's retirement and 401(k) plan fiduciaries of spending billions on "risky," poorly performing investment options.

  3. December 14, 2016

    Intel Committee Says Risky Investments Suit Came Too Late

    An Intel Corp. investment committee urged a California federal judge on Wednesday to dismiss a putative Employee Retirement Income Security Act class action brought by a former Intel employee who alleged the committee unwisely invested workers' retirement funds in risky ventures, saying the claims are time-barred.

  4. October 30, 2015

    Ex-Intel Worker Cries Foul Over Retirement Plan Investments

    The Intel Corp. committee responsible for directing where to invest funds from its retirement and 401(k) plans was hit with a putative class action in California federal court Thursday over allegations that it unwisely invested the money in risky private equity investments and hedge funds, causing significant losses.