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Barrett v. Pioneer Natural Resources USA, Inc. et al
Case Number:
1:17-cv-01579
Court:
Nature of Suit:
Employee Retirement Income Security Act (ERISA)
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 11, 2018
Pioneer, 401(k) Participants Reach Deal To End ERISA Suit
Pioneer Natural Resources USA Inc. has agreed to pay $500,000 to settle a suit brought on behalf of more than 8,000 current and former 401(k) plan participants alleging the petroleum company breached its fiduciary duties under the Employee Retirement Income Security Act.
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July 27, 2018
401(k) Participants Need A New Class Rep, Colo. Judge Says
A Colorado federal judge said Thursday that he can't yet grant class status to a group of current and former 401(k) plan participants suing Pioneer Natural Resources USA Inc. for alleged fiduciary breaches, because the person seeking to lead the class does not have standing to represent current plan participants.
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June 29, 2018
Pioneer Partially Beats Ex-Worker's ERISA Suit
Pioneer Natural Resources USA Inc. beat part of a proposed Employee Retirement Income Security Act class action on Thursday, convincing a Colorado federal judge to toss a claim that the petroleum company breached its fiduciary duties by keeping an allegedly underperforming fund on its 401(k) plan's investment lineup.
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March 19, 2018
Pioneer Fights Ex-Worker's Class Cert. Bid In ERISA Suit
Pioneer Natural Resources USA Inc. on Friday urged a Colorado federal court not to certify as a class action a former employee's suit claiming the company breached its fiduciary duty in managing and administering a 401(k) and matching plan, saying his bid for certification doesn't stand up to the required "rigorous analysis."