December 20, 2023
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.
November 03, 2023
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.
April 10, 2023
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.