Genentech Wins Toss Of Employee's 401(k) Suit

By Rachel Stone · February 10, 2021, 5:34 PM EST

A California federal court on Tuesday axed a proposed class action claiming biotechnology company Genentech Inc. overcharged beneficiaries participating in its $7.6 billion 401(k) plan, ruling that the employee's comparisons to...

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Case Information

Case Title

Wehner v. Genentech, Inc. et al

Case Number

3:20-cv-06894

Court

California Northern

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

October 02, 2020