March 08, 2022
A North Carolina federal court gave a green light to a $3.5 million deal struck between the country's largest Coca-Cola bottler and two former employees who lodged a class action claiming the company included risky investment options in its retirement plan and burdened participants with excessive fees.
August 23, 2021
Former employees of the country's largest Coca-Cola bottler asked a North Carolina federal court to certify their proposed ERISA class action claiming the company mismanaged the plan by failing to use the plan's large size to lower recordkeeping fees.
March 31, 2021
A North Carolina Judge on Wednesday shot down Coca-Cola Consolidated Inc.'s bid to dismiss a proposed class action alleging the Coca-Cola bottler mismanaged the retirement portfolio of its former employees, finding that the workers successfully alleged that their old employer breached its fiduciary duty.
November 25, 2020
Former employees of the country's largest Coca-Cola bottler have hit the company, its board and its benefits committee with a proposed class action in North Carolina federal court, alleging they mismanaged their retirement portfolio and participated in a "glaring breach" of their fiduciary duties under the Employee Retirement Income Security Act.