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Waldner v. Natixis Investment Managers, L.P. et al
Case Number:
1:21-cv-10273
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Block & Leviton
- Cohen Milstein
- Engstrom Lee
- Goodwin Procter
- Jackson Lewis PC
- Nichols Kaster
- Thompson Hine
Companies
Sectors & Industries:
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June 26, 2025
Natixis Beats Suit Claiming Self-Serving Funds Hurt Its 401(k)
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.
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September 10, 2024
Natixis Worker Class Headed To Trial In 401(k) Suit
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.
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May 15, 2023
Over 1,200 Natixis Workers Get Class Cert. In 401(k) Suit
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.
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April 07, 2023
Natixis Objects To 401(k) Class Cert. Recommendation
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.
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March 27, 2023
Natixis 401(k) Plan Suit Merits Class Status, Judge Advises
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.
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October 27, 2022
Natixis Says Ex-Employee Can't Lead 401(k) Row
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.
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December 21, 2021
Natixis Can't Sink Suit Alleging 401(k) Mismanagement
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.