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Guyes v. Nestle USA Inc et al
Case Number:
1:20-cv-01560
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January 19, 2024
Nestle Wins Exit Bid In ERISA Suit Over $4.2B 401(k) Plan
A Wisconsin federal judge on Friday tossed a proposed class action claiming Nestle allowed its retirement plan to pay excessive fees compared to other plans, without leave to amend, saying a magistrate judge properly analyzed the purported comparators as "disparate to the plan at issue."
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August 23, 2023
Nestle Retirement Plan Suit Should Be Nixed, Judge Says
A Wisconsin federal judge recommended Wednesday throwing out a former Nestle employee's lawsuit accusing the company of letting its retirement plan pay excessive fees, saying cheaper plans she cited weren't appropriate comparators.