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MATOR et al v. WESCO DISTRIBUTION, INC. et al
Case Number:
2:21-cv-00403
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 27, 2025
Wesco Will Pay $2.25M To End 401(k) Fee Suit
Electrical equipment company Wesco Distribution Inc. will pay $2.25 million to end a proposed class action from employee 401(k) plan participants who alleged their retirement plan was mismanaged, after the Third Circuit had revived the suit in May.
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January 31, 2023
US Chamber Slams Wesco ERISA Suit As Too Cost-Focused
The U.S. Chamber of Commerce has ripped an appeal by a proposed class of Wesco Distribution Inc. workers in a friend-of-the-court brief to the Third Circuit, arguing that the workers focused too much on their retirement plan's cost rather than what they got for the price.
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October 04, 2021
Wesco Gets ERISA Suit Over Retirement Plan Fees Tossed
A Pennsylvania federal judge threw out a lawsuit Monday from electrical equipment workers who claimed Wesco Distribution Inc. violated federal benefits law by allowing their retirement plan to pay exorbitant fees.
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July 22, 2021
Workers' ERISA Fee Suit Won't Wait For Supreme Court
A Pennsylvania federal court on Thursday refused to delay a lawsuit brought by electrical equipment company workers who said their retirement plan paid excessive fees, declining the company's request for a stay while a separate benefits case plays out at the U.S. Supreme Court.
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June 18, 2021
Wesco Wants ERISA Fee Suit Axed
Wesco Distribution urged a Pennsylvania federal court to toss a proposed class action that claims the multinational electronic distributor mismanaged its retirement plan, saying the workers behind the suit hadn't shown they had been harmed.