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BINDER et al v. PPL CORPORATION et al
Case Number:
5:22-cv-00133
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 22, 2025
Final OK Sought On Energy Co.'s $8.2M 401(k) Suit Deal
A class of employees who participated in a Pennsylvania energy company's retirement plan have asked a federal judge to give final approval to an $8.2 million settlement resolving claims that the employees' 401(k) plans were mismanaged.
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March 03, 2025
Energy Co. Inks $8.2M Deal In 401(k) Mismanagement Suit
An energy company will pay $8.2 million to resolve a class action lawsuit claiming it failed to trim high cost and underperforming target date funds from its retirement plan, according to Pennsylvania federal court filings.
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January 16, 2025
Pa. Energy Co. Strikes Deal To End 401(k) Class Action
A Pennsylvania-based electricity and natural gas company agreed to settle a class action alleging it loaded its employee retirement plan with costly underperforming investment options, staving off a trial slated to begin this month.
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March 13, 2024
Pa. Energy Co. Workers Secure Class Status In 401(k) Suit
Current and former employees of a Pennsylvania energy company were granted class status Wednesday in their suit alleging the business loaded its employee retirement plans with expensive, underperforming investment options for years, after a federal judge ruled the company couldn't escape the suit.