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Sweet et al v. Advance Stores Company, Incorporated et al
Case Number:
7:21-cv-00549
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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December 20, 2023
Advance Auto To Pay $1.7M To End 401(k) Management Suit
Advance Auto Parts has agreed to pay $1.7 million to resolve a class action accusing the automotive retailer of loading its $1 billion employee 401(k) plan with costly investments and high fees, according to a filing in Virginia federal court.
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November 03, 2023
Advance Auto Agrees To Settle 401(k) Mismanagement Suit
Advance Auto Parts and a group of workers notified a Virginia federal judge Friday that they have reached a deal to shutter the employees' class action alleging the company cost them millions in retirement savings by saddling their plan with costly investment funds and high fees.
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April 10, 2023
Auto Parts Co. Backs Class Cert. In 401(k) Fees Suit
A group of workers and Advance Auto Parts asked a Virginia federal judge to award the employees class certification in their suit alleging the company loaded its retirement plan with pricey investment funds and high fees, stating in a joint filing that the case is primed for class treatment.