December 22, 2020
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.
August 11, 2020
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.