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Bailey et al v. LinkedIn Corporation et al
Case Number:
5:20-cv-05704
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Multi Party Litigation:
Class Action
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March 06, 2023
LinkedIn To Pay $6.75M To End Ex-Workers' 401(k) Suit
Former LinkedIn workers asked a California federal judge to greenlight a $6.75 million deal that would end their proposed class action alleging the professional networking site failed to negotiate lower 401(k) record-keeping fees and kept low-performing funds in their plan.
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November 07, 2022
LinkedIn Clinches Settlement In 401(k) Lawsuit
LinkedIn Corp. and a proposed class of ex-workers alleging mismanagement of their 401(k) plan told a California federal court they've struck a deal to end a federal lawsuit claiming the company lost retirees millions by offering a suite of high-cost and poorly performing mutual funds, court records show.
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May 23, 2022
Ex-LinkedIn Workers Want Class Status For 401(k) Suit
A group of former LinkedIn employees asked a California federal judge to greenlight a class of more than 11,000 workers in a suit accusing the professional networking site of failing to negotiate lower record-keeping fees and keeping low-performing funds in their 401(k) plan.
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November 17, 2021
LinkedIn Employees Must Rework 401(k) ERISA Suit
A California federal court dismissed a suit claiming LinkedIn Corp. kept underperforming funds in its $817 million retirement fund and didn't negotiate lower management fees, finding the plan participants didn't show they were directly harmed, but left the door open for a second stab at the suit.
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January 05, 2021
LinkedIn Aims Ax At Workers' Mismanaged $817M 401(k) Suit
LinkedIn urged a California federal judge Monday to toss an employee proposed class action claiming the social media company and its top brass mismanaged their $817 million retirement fund, saying the plan participants' dislike of the investment options doesn't mean LinkedIn violated federal labor law.
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August 14, 2020
LinkedIn Accused Of Mismanaging $817M 401(k) Plan
LinkedIn employees hit the social media company with a proposed class action in California federal court Friday, claiming that the company and its top brass mismanaged their $817 million retirement fund, costing plan participants millions of dollars.