Tech Co. Strikes $1.6M Deal To End 401(k) Fee Suit

By Grace Elletson · August 22, 2025, 7:05 PM EDT

Financial technology company Jack Henry & Associates has agreed to pay $1.6 million to resolve a proposed class action claiming it cost workers millions in retirement savings by failing to rein...

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Case Information

Case Title

Lacrosse, et al v. Jack Henry & Associates, Inc. et al

Case Number

3:23-cv-05088

Court

Missouri Western

Nature of Suit

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

Date Filed

October 09, 2023