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Troudt et al v. Oracle Corporation et al
Case Number:
1:16-cv-00175
Court:
Nature of Suit:
Employee Retirement Income Security Act (ERISA)
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 27, 2020
Oracle To Pay $12M To End ERISA Class Action
Oracle Corp. has agreed to pay $12 million to resolve a retirement suit brought on behalf of roughly 70,000 401(k) plan participants who accused the company of saddling its savers with unreasonable record-keeping costs and offering them shoddy investment options.
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December 04, 2019
Oracle Settles 401(k) Participants' ERISA Suit On Day Of Trial
A bench trial between Oracle Corp. and a group of its 401(k) plan participants was scrapped Tuesday after the two sides said they'd agreed to settle the group's Employee Retirement Income Security Act class action.
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May 31, 2019
Oracle Workers Can't Get Jury Trial In ERISA Suit
A Colorado federal judge has denied a proposed class of current and former Oracle workers a jury trial in their suit accusing the tech company of keeping poorly performing funds in their 401(k) plan, holding they didn't have the right to go before a jury.
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March 13, 2019
No Precedent For ERISA Jury Trial, Oracle Tells Colo. Judge
Oracle Corp. urged a Colorado federal judge not to let participants in its 401(k) plan bring their claims that the tech company unwisely kept certain funds in the plan before a jury, arguing that the Employee Retirement Income Security Act didn't afford them the right to such a trial.
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March 04, 2019
Oracle Gets 401(k) Participants' ERISA Suit Trimmed
A Colorado federal judge has let Oracle Corp. escape a variety of accusations a group of 401(k) plan participants lobbed in an Employee Retirement Income Security Act class action, including claims that the technology company racked up excessive record-keeping fees.
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January 31, 2018
Oracle 401(k) Participants Win Class Cert. In ERISA Suit
A Colorado federal judge on Tuesday granted class certification to tens of thousands of Oracle Corp. 401(k) plan participants in an Employee Retirement Income Security Act suit alleging the technology company racked up excessive record-keeping fees and retained poorly performing funds.
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March 23, 2017
Colo. Judge Says Oracle Workers' ERISA Suit Must Proceed
A putative class action alleging that tens of thousands of Oracle Corp. 401(k) plan participants overpaid for their benefits beat Oracle’s dismissal motion Wednesday when a Colorado federal judge said that courts must tread especially lightly when hearing Employee Retirement Income Security Act cases.