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Williams et al v. Centerra Group, LLC et al
Case Number:
1:20-cv-04220
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Baker Donelson
- Gallivan White
- Jackson Lewis PC
- O'Melveny & Myers
- Parker Poe
- Richardson Thomas
- Robinson Gray
- Schlichter Bogard
- Troutman
- Winston & Strawn
Companies
Sectors & Industries:
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February 05, 2024
Companies To Pay $7.5M To End ERISA Class Action
A security services firm and its 401(k) manager are to shell out a combined $7.5 million to end a suit alleging they saddled a $400 million retirement plan with underperforming investment funds that benefited the investment manager more than workers, according to a settlement agreement.
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January 12, 2024
Centerra, Aon Reach Deal In Workers' 401(k) Class Action
A certified class of 5,000 Centerra Group employees who accused the company and several others of mismanaging their retirement savings and steering them into subpar proprietary funds told a South Carolina federal judge Friday they've reached an agreement to resolve all their claims.
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January 02, 2024
Security Services Workers' 401(k) Class Action Moves Ahead
A South Carolina federal judge greenlighted a class action covering roughly 5,000 current and former employees who accused a security services firm of letting an investment manager steer their retirement savings into subpar proprietary funds.
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October 30, 2023
Centerra Workers, Aon Seek OK For $4.5M 401(k) Deal
A class of Centerra Group LLC employees and Aon Investments USA Inc. asked a South Carolina federal judge for an initial green light on a $4.5 million deal aiming to resolve a suit alleging the workers' retirement plan was loaded with underperforming investment funds.
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April 26, 2023
Ex-Centerra Workers Want Class In Suit Over 401(k) Options
A group of former Centerra Group LLC employees urged a federal judge to grant class status to a lawsuit accusing Centerra and investment manager Aon Investments USA Inc. of steering their retirement savings into poorly performing investments.
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September 16, 2021
Centerra, Aon Hewitt Can't Knock Out ERISA Suit
A South Carolina federal judge on Thursday narrowed but refused to throw out a proposed class action accusing Centerra Group LLC and Aon Investments USA Inc. of violating federal benefits law by steering workers' retirement savings into Aon funds instead of better-performing investments.