Union 401(k) Plan Trustees Strike $5M Deal To End ERISA Suit

By Patrick Hoff · August 23, 2024, 1:49 PM EDT

Two elevator workers asked a Pennsylvania federal court to sign off on a $5 million settlement that would wrap up a proposed class action alleging their union's retirement plan was loaded...

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Case Information

Case Title

MCLACHLAN et al v. INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS et al

Case Number

2:22-cv-04115

Court

Pennsylvania Eastern

Nature of Suit

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

Date Filed

October 13, 2022