February 24, 2020
Participants in Home Depot's 401(k) plan who say they overpaid for bad retirement advice from an algorithm should sue Home Depot individually, not collectively, the company has told a Georgia federal judge.
September 23, 2019
Home Depot can't escape a proposed class action accusing it of mismanaging its 401(k) plan, but two financial advisers the retailer worked with can, a Georgia federal judge has ruled.
October 12, 2018
Home Depot Inc. workers fired back Thursday at their employer's attempt to torpedo a proposed class action over 401(k) plan management, telling a Georgia federal judge the retail giant sat back and watched as the plan underperformed and workers paid excessive fees for algorithm-generated investment advice.
August 28, 2018
Home Depot and related entities on Monday asked a Georgia federal judge to throw out a lawsuit by current and former employees over the alleged mismanagement of its 401(k) plan, arguing that they fail to show how the underperformance of offered investment options and associated losses were the retail giant's fault.
April 12, 2018
Home Depot employees hit the retailer with a $140 million proposed class action in Georgia federal court Thursday alleging the company's 401(k) plan mismanagement was so severe they would have to work 18 years past the retirement age to recoup all the money lost to fees and bad investments.