September 15, 2026
A proposed class action against Charter Communications Inc. alleging the company misspent forfeitures from an employee 401(k) plan can partly move ahead, a Missouri federal judge said, holding that retirement plan participants plausibly alleged the company breached its fiduciary duties in violation of federal benefits law.
February 10, 2025
Charter Communications Inc. cost participants in its $7.9 billion 401(k) plan millions of dollars by using funds forfeited by ex-workers to cover its own contributions to the plan rather than administrative expenses, according to a proposed class action filed in Missouri federal court.