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Ford et al v. Takeda Pharmaceuticals U.S.A., Inc. et al
Case Number:
1:21-cv-10090
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Nature of Suit:
Multi Party Litigation:
Class Action
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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.
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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.
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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.
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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.