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Garcia et al v. Alticor, Inc. et al
Case Number:
1:20-cv-01078
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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July 02, 2024
Amway Parent Inks $1.5M Deal To End Retirees' 401(k) Suit
Amway's parent company will pay over $1.5 million to resolve a class action claiming it loaded its employee 401(k) plan with shoddy investments and excessive fees, plan participants leading the suit told a Michigan federal court.
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April 16, 2024
Amway Parent Must Face Trial In Retirees' 401(k) Suit
A Michigan federal judge refused Tuesday to totally free Amway's parent company from a class action accusing it of stacking its 401(k) with unwise investments and excessive fees, saying a jury should determine whether the company's investment review process was prudent.
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March 07, 2023
Amway Parent Backs Certifying ERISA Class
Amway's parent company yielded to three retirees' bid to certify a class alleging that the direct-sales company mismanaged its retirement plan, with the company and class saying Monday they hope to save the court time by agreeing the class meets certification requirements.
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August 25, 2022
Amway's Parent Company Must Face ERISA Suit, Judge Rules
The parent company of Amway failed to convince a Michigan federal court to reconsider a decision preserving a proposed class action alleging the company allowed its 401(k) plan to include unwise investments and excessive fees, with a judge ruling that two recent Sixth Circuit decisions won't change the outcome.