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Walter v. Kerry Inc et al
Case Number:
2:21-cv-00539
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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October 31, 2022
Food Co. To Settle 401(k) Excessive Fee Suit For $900K
An international food and nutrition company has agreed to pay $900,000 to resolve a suit alleging it violated federal benefits law by failing to use the size of its workers' $444 million 401(k) plan to negotiate lower plan management fees, according to a Monday court filing.
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September 19, 2022
Food Science Co. Strikes Deal To End ERISA Suit
International food and nutrition company Kerry Inc. has agreed to end a proposed class action alleging it failed to properly monitor its $444 million 401(k) plan and allowed it to pay unreasonably high fees, according to filings in Wisconsin federal court.