October 02, 2024
Nvidia struck a deal with a group of former employees to end a proposed class action in California federal court alleging the technology company shirked federal benefits law by failing to decrease recordkeeping fees and investment costs in its $1 billion 401(k) plan.
September 12, 2023
NVIDIA Corp. must face a proposed class action alleging it allowed its employee 401(k) plan to pay exorbitant record-keeping fees and investment costs, a California federal judge ruled, rejecting the company's argument that ex-employees' allegations were short on detail.