October 22, 2025
A California federal judge gave the initial green light to a $925,000 settlement that aims to end a class action alleging software company ServiceNow cost workers millions by letting them funnel their savings into underperforming target date funds in their retirement plan.
August 14, 2025
Software company ServiceNow will pay $925,000 to settle a proposed class action alleging the business cost workers millions in savings by failing to trim underperforming target-date funds from its 401(k) plan, according to filings in California federal court docketed Thursday.
June 03, 2025
Software company ServiceNow told a California court Tuesday that it has agreed to settle a proposed class action alleging the business cost workers millions in savings by failing to trim underperforming target-date funds from its 401(k) plan.
April 23, 2025
A California federal judge refused to toss a federal benefits lawsuit from former ServiceNow employees alleging the cloud computing company kept an underperforming suite of target-date funds in its 401(k) plan for over a decade, finding allegations of a deficient process should proceed to discovery.
July 18, 2024
Two former ServiceNow Inc. employees said Thursday that the cloud computing company shouldn't get to escape their suit alleging it kept underperforming investment options in its 401(k) plan for over a decade, telling a California federal court their complaint is specifically detailed enough to move forward.