Ford et al v. Takeda Pharmaceuticals U.S.A., Inc. et al

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Case Number:

1:21-cv-10090

Court:

Massachusetts

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

William G. Young

Firms

Companies

Sectors & Industries:

  1. January 20, 2023

    Attys For Takeda Employees Want $7.3M On 401(k) Lineup Suit

    Lawyers representing a group of Takeda Pharmaceuticals employees are asking for $7.3 million in attorney fees for their work in securing a $22 million settlement with the company to resolve claims that Takeda loaded its 401(k) plan with underperforming and high-cost investment options.

  2. November 15, 2022

    Takeda To Pay $22M To End Challenge To 401(k) Lineup

    Takeda Pharmaceuticals agreed to pay $22 million to resolve a proposed class action accusing the company of loading its 401(k) plan with underperforming and high-cost investment options, according to a filing in Massachusetts federal court.

  3. July 21, 2021

    Takeda 401(k) Suit 'Squeaks By' Dismissal, Judge Says

    Takeda Pharmaceuticals is likely to come up just short in its effort to dismiss a suit alleging it stocked workers' retirement plans with underperforming funds, a federal judge in Boston said Wednesday.

  4. January 20, 2021

    Takeda Pharmaceuticals Sued Over $1.8B Retirement Plan

    Three former Takeda Pharmaceuticals workers have hit the company with a proposed ERISA class action in Massachusetts federal court, accusing the company of including massively underperforming investment funds in its $1.8 billion employee retirement plan.