August 15, 2024
A group of former Univar Solutions USA Inc. employees asked an Illinois federal judge Thursday to greenlight a $1.1 million deal to shutter their suit claiming the chemical company saddled their $978 million retirement plan with excessive administrative fees.
July 24, 2024
Chemical company Univar Solutions USA Inc. has agreed to resolve a proposed class action claiming it let its employee 401(k) plan pay unreasonably high administrative fees and cost workers millions of dollars in retirement savings, according to a filing Wednesday in Illinois federal court.
September 30, 2022
An Illinois-based chemical company can't dodge a proposed class action alleging it allowed its employees' 401(k) plan to pay exorbitant record-keeping and administrative fees, with a federal judge ruling the workers have shown the company's decision-making process may have been imprudent.