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RITORTO et al v. KPMG, LLP et al
Case Number:
2:21-cv-19330
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 05, 2024
KPMG Workers' $650K ERISA Fee Suit Deal Gets Initial OK
KPMG and 44,000 of its workers have agreed to a $650,000 settlement in a class action alleging that the Big Four accounting firm weighed down the employees' $6 billion retirement fund with excessive fees and costly investments, according to court documents.
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October 12, 2023
KPMG Says It Won't Block Ex-Workers' Cert. Bid In ERISA Suit
KPMG won't oppose former workers' bid to certify a 44,000-member class in their lawsuit alleging the accounting firm saddled their $6 billion retirement fund with excessive fees and costly investments, telling a New Jersey federal court that it will prevail over their claims in the long run.
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August 02, 2023
Ex-KPMG Workers Seek Class Status In 401(k) Fee Suit
Former KPMG employees asked a New Jersey federal judge to greenlight an estimated 44,000-member class in a suit claiming the accounting firm saddled their $6 billion retirement fund with excessive fees and costly investment options.