July 20, 2021
A California federal judge gave his blessing to an $8.5 million deal resolving a sweeping class action claiming supermarket chain Safeway Inc. mismanaged thousands of workers' retirement savings, after the parties tweaked the pact to address the court's concerns about notifying plan participants.
April 24, 2019
Grocery chain Safeway has agreed to settle two suits brought by workers who accused the company of mismanaging their retirement savings by keeping high-cost investment options in their 401(k) plan.