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Ferguson et al v. BBVA Compass Bancshares Inc et al
Case Number:
2:19-cv-01135
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Alston & Bird
- Bradley Arant
- Butler Snow LLP
- Christian & Small
- Law Office of Lange Clark
- Lightfoot Franklin
- Mayer Brown
- Wiggins Childs
Companies
- Banco Bilbao Vizcaya Argentaria SA
- Compass Minerals International, Inc.
- Envestnet Inc.
- The PNC Financial Services Group Inc.
Sectors & Industries:
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January 03, 2024
PNC Workers' $6.1M BBVA 401(k) Deal Gets Initial OK
An Alabama federal judge gave the first green light to a $6.1 million settlement between PNC Financial Services Group Inc. and workers accusing the company of mismanaging their employee 401(k) plan, saying the deal is fair, reasonable and that the settlement class is "well-defined."
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September 20, 2023
PNC Employees Ink $6.1M Deal In 401(K) Suit
Workers accusing PNC Financial Services Group Inc. of mismanaging their employee 401(k) plan asked an Alabama federal judge for initial approval of a $6.1 million settlement they finalized with the company.
-
August 18, 2023
PNC Strikes Tentative Deal To End Workers' 401(k) Suit
An Alabama federal judge disclosed a tentative settlement in a federal benefits lawsuit against PNC Financial Services Group Inc. from workers alleging mismanagement of an employee 401(k) plan and tabled pending motions to dismiss and for judgment from PNC while the deal is being finalized.
-
October 26, 2022
PNC Says Workers Who Filed 401(k) Suit Have No Standing
PNC Financial Services urged an Alabama federal judge to either dismiss or grant it a win on claims in a lawsuit alleging it mismanaged workers' retirement plan, arguing that the employees who filed the suit lack standing because they did not invest in the funds at issue.
-
May 13, 2020
BBVA Must Face Claims It Squandered $47M In Retiree Money
BBVA can't escape an ERISA suit accusing the bank of mismanaging its retirement plan and costing workers $47 million, an Alabama federal judge has ruled, finding that the plan didn't require participants to bring up complaints internally before filing a case in court.