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Lard et al v. Marmon Holdings, Inc. et al
Case Number:
1:22-cv-04332
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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May 14, 2025
Holding Co. Beats Suit Over 401(k) Investment Roster
A Berkshire Hathaway-owned industrial holding company doesn't have to face a proposed class action claiming it filled its 401(k) plan with underperforming proprietary target date funds, with an Illinois federal judge faulting plan participants' efforts to compare those funds with other potential investments.
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September 25, 2023
Holding Co. Escapes Ex-Workers' 401(k) Mismanagement Suit
An Illinois federal judge tossed a proposed class action from former participants in a Marmon Holdings Inc. 401(k) retirement plan for employees, finding the proposed class didn't give significantly meaningful comparisons to substantiate claims of excessive record-keeping fees and poorly performing investment options.
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August 26, 2022
6 New ERISA Retirement Plan Suits To Watch
Proposed class actions challenging the performance of a suite of BlackRock target date funds in huge company 401(k) plans stand out from a healthy crop of Employee Retirement Income Security Act lawsuits filed this summer. Law360 reviews six new ERISA class actions.
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August 17, 2022
Holding Co. Mismanaged $1B Retirement Fund, Suit Says
A holding company mismanaged its workers' retirement plan, losing millions of dollars and failing to use its $1.1 billion size to negotiate lower fees, according to a proposed class action filed by a group of workers in Illinois federal court.