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McWashington et al v. Nordstrom Inc. et al
Case Number:
2:24-cv-01230
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Foster Garvey
- Keller Rohrback
- Mayer Brown
- Schneider Wallace
- Schneider Wallace Cottrell Konecky LLP
- Walcheske & Luzi
Companies
Sectors & Industries:
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August 16, 2024
Intuit Decision Shows 401(k) Forfeiture Suits Gaining Traction
A California federal judge's recent decision refusing to toss a federal benefits lawsuit alleging Intuit misspent 401(k) plan forfeitures shows how a novel pleading under the Employee Retirement Income Security Act has gained a foothold in some district courts, attorneys say. Here's a rundown with attorneys on the Intuit ruling and what to expect as more large employers are being targeted with proposed class action litigation challenging 401(k) forfeiture spending.
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August 14, 2024
Nordstrom Saddled 401(k) Plan With High Fees, Workers Say
Nordstrom cost workers millions in savings by failing to trim excessive fees from its $3.4 billion retirement plan and using forfeited plan funds to cushion its contribution promises, a group of current and former workers alleged in a suit filed in Washington federal court.