Bailey et al v. LinkedIn Corporation et al

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Case overview

Case Number:

5:20-cv-05704

Court:

California Northern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Edward J. Davila

Firms

Companies

Sectors & Industries:

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.