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LUENSE et al v. KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., INC. et al
Case Number:
2:20-cv-06827
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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October 16, 2024
Konica Minolta Strikes Deal To Settle 401(k) Class Action
Konica Minolta Business Solutions has agreed to resolve an 8,000-member class action alleging it cost workers millions of dollars in retirement savings by failing to remove costly investment options from its 401(k) plan, according to a New Jersey federal court filing.
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May 31, 2024
Konica Minolta Workers Nab Class Status In 401(k) Suit
A New Jersey federal judge granted class certification to 8,000 workers alleging Konica Minolta Business Solutions cost them millions in retirement savings by failing to trim pricey investment funds from their 401(k), ruling the workers have enough in common to proceed as a group.