August 21, 2023
A proposed class action accusing two automobile product manufacturers of mismanaging their employee 401(k) plans can stay in court, a Michigan federal judge said Monday, ruling that the plans' arbitration provisions are invalid because they conflict with federal benefits law.
June 12, 2023
Automobile product manufacturing workers urged a Michigan federal court to keep their suit accusing the companies of mismanaging their 401(k) plans in court, saying the arbitration agreement they signed with their employers conflicts with federal benefits law.