February 01, 2022
A federal judge rejected Duke Energy Corp.'s attempt to torpedo a proposed class action from workers who say the company violated federal benefits law by allowing their retirement plan to be saddled with excessive administrative fees.
November 10, 2020
Duke Energy Corp. is hoping to ax claims that its 401(k) plan paid too much for services, urging a North Carolina federal judge to toss a proposed ERISA class action on the grounds that the allegations lacked specificity.
September 23, 2020
Duke Energy was hit with a proposed ERISA class action Wednesday claiming the company let its 401(k) plan pay twice as much for services than other similar plans and cost workers millions of dollars, even though it was a "mega" plan with significant bargaining power.