December 09, 2021
A Georgia federal judge on Thursday signed off on a $1 million payday for Nichols Kaster PLLP and Sanford Law Firm attorneys who secured a $4 million settlement for a huge class of workers alleging that Koch Industries Inc. saddled their retirement plan with excessive record-keeping costs.
July 13, 2021
Koch Industries Inc. has agreed to a $4 million settlement over a proposed class's claims that it wasted workers' retirement savings on gratuitous plan record-keeping costs, the workers said in their bid for a Georgia federal court's blessing.
July 17, 2020
Koch Industries Inc. was hit with a proposed Employee Retirement Income Security Act class action Friday, accusing the company of squandering millions of dollars of its workers' retirement savings on unnecessarily high record-keeping costs for their retirement plans.