May 11, 2018
Philips North America LLC has agreed to a $17 million deal to bring an end to a putative class action from a group of 401(k) plan participants who claimed they were shouldered with unreasonable expenses because the company picked costly investments that performed poorly.
May 10, 2018
Philips North America LLC was hit with a putative class action in Illinois federal court on Thursday by 401(k) plan participants who say they shouldered unreasonable expenses because the company picked costly investments that performed poorly.