Fernandez v. Franklin Resources, Inc. et al

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Case overview

Case Number:

4:17-cv-06409

See also:

Court:

California Northern

Nature of Suit:

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

Multi Party Litigation:

Class Action

Judge:

Claudia Wilken

Firms

Companies

Sectors & Industries:

  1. June 06, 2018

    Franklin Templeton Ex-Worker Backs Cert. Bid In 401(k) Row

    A former Franklin Templeton employee urged a California federal judge to reject arguments that certification for a proposed class of more than 5,000 members was "duplicative and unnecessary" in her suit alleging that the investment firm wrongly invested workers' retirement savings into company-owned products instead of better performing funds.

  2. May 30, 2018

    Franklin Templeton Fights Class Cert. Bid In ERISA Suit

    Franklin Templeton has urged a California federal judge not to certify a putative class of more than 5,000 employee retirement plan participants who accuse the investment firm of flouting the Employee Retirement Income Security Act by funneling workers' savings into company-owned products when other funds would have performed better.

  3. May 16, 2018

    Ex-Franklin Templeton Worker Seeks Cert. In 401(k) Row

    A former Franklin Templeton employee asked a California federal court on Tuesday to certify her proposed class of more than 5,000 members over allegations the company's 401(k) plan was mismanaged and full of poorly performing in-house mutual funds.

  4. April 10, 2018

    Franklin Templeton Must Face Expanded 401(k) Suit

    A California federal judge has shot down Franklin Templeton's attempt to scuttle a proposed Employee Retirement Income Security Act class action accusing it of packing workers' 401(k) plan with its own products, saying the asset management company can't use an anti-litigation clause in a severance agreement to snuff out plan participants' claims.

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