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Bhatia v. McKinsey & Company, Inc. et al
Case Number:
1:19-cv-01466
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Nature of Suit:
Multi Party Litigation:
Class Action
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December 22, 2020
Attys Want $8M Cut Of $40M McKinsey ERISA Deal
Nichols Kaster PLLP attorneys who secured a $40 million settlement for McKinsey & Co. workers who said the company let them sink retirement savings into overpriced funds managed by a McKinsey subsidiary asked a Manhattan federal judge for $7.9 million in fees.
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August 11, 2020
McKinsey Agrees To $40M Deal In ERISA Self-Dealing Suit
McKinsey & Co. Inc. has struck a $40 million deal to settle a proposed ERISA class action alleging its employee retirement plans enriched a company subsidiary by tens of millions of dollars at workers' expense, according to documents filed in New York federal court.