June 26, 2025
Natixis defeated a 1,200-member class action Thursday claiming the French investment firm burdened its retirement plan with funds that performed poorly and benefited the company over employees, after a Massachusetts federal judge ruled the case lacked evidence of actionable lapses.
September 10, 2024
Natixis will have to go to trial over workers' claims that it mismanaged their investment funds, according to a Massachusetts federal judge's ruling Tuesday that rejected the French investment firm's objections to a magistrate judge's report and recommendations.
May 15, 2023
A Massachusetts federal judge on Monday adopted a magistrate judge's recommendation to grant a group of workers' motion for class certification in a suit alleging French investment bank Natixis mismanaged retirement funds.
April 07, 2023
French investment bank Natixis told a Massachusetts federal court Friday to ignore a magistrate judge's recommendation that a lawsuit accusing the company of mismanaging its retirement plan should proceed as a class action, arguing that the former worker leading the suit isn't fit to be class representative.
March 27, 2023
A Massachusetts federal magistrate judge has recommended that a group of Natixis workers who claim the French investment bank mismanaged its retirement plan can proceed as a class in their bid to recover alleged financial losses.
October 27, 2022
Natixis Investment Managers LP has urged a Boston federal judge to not certify a proposed class of participants in its 401(k) retirement plan who claim the company mismanaged it, arguing that the class' proposed representative, a certified financial planner who no longer works for the company, is barred by law to lead the class.
December 21, 2021
A Massachusetts federal judge has refused to dismiss a proposed class action accusing Natixis Investment Managers LP of violating federal benefits law by saddling its $440 million 401(k) plan with excessive fees and underperforming mutual funds.