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Conlon et al v. The Northern Trust Company et al
Case Number:
1:21-cv-02940
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Honorable Keri L. Holleb Hotaling
Firms
-
January 06, 2025
Northern Trust Inks $6.9M Deal To Shutter 401(k) Suit
Northern Trust Co. has agreed to pay $6.9 million to end a proposed class action claiming it tapped underperforming proprietary investment funds for its $2.8 billion retirement plan, according to a Monday filing in Illinois federal court.
-
October 10, 2024
Northern Trust Strikes Deal To End 401(k) Management Suit
The Northern Trust Co. has agreed to settle a proposed class action claiming the financial services company weighed down its 401(k) plan with underperforming proprietary fund options, according to filings in Illinois federal court Thursday.
-
August 10, 2022
Northern Trust Can't Sink Suit Over Massive 401(k) Plan
An Illinois federal judge refused to shut down a proposed class action brought by current and former Northern Trust workers who accused the asset management company of lining its pockets by steering their savings toward its own high-cost, poorly performing investment funds.