December 03, 2024
Consumer goods company Kimberly-Clark Corp. has agreed to pay $2.25 million to resolve a proposed class action claiming it loaded its $4 billion 401(k) plan with excessive recordkeeping costs, workers leading the suit told a Texas federal court.
August 12, 2024
Kimberly-Clark Corp. agreed to settle a proposed class action from participants in the toilet paper company's $4 billion employee 401(k) plan who alleged mismanagement, according to a mediator's report filed in Texas federal court.
January 24, 2024
Kimberly-Clark Corp. can't yet appeal a ruling saying the company had to face a proposed class action accusing it of saddling its $4 billion retirement plan with excessive fees, a Texas federal judge said, reasoning that waiting for Fifth Circuit input would delay the case's conclusion.
March 30, 2023
A proposed class action accusing Kimberly-Clark of imposing on workers high administrative fees in the company's $4 billion retirement plan can keep standing, a Texas federal judge ruled Thursday, saying the workers leading the suit supported their injury claims.
May 23, 2022
Kimberly-Clark urged a Texas federal court to throw out a proposed class action challenging allegedly excessive administrative fees paid by workers in the company's $4 billion retirement plan, arguing revisions to the suit hadn't fixed problems the court flagged in March.
March 23, 2022
A Texas federal court refused Wednesday to toss out a proposed class action accusing Kimberly-Clark Corp. of allowing its $4 billion retirement plan to be saddled with excessive fees, but warned the ex-workers behind the case to shore up the suit or face dismissal.
August 09, 2021
Kimberly-Clark Corp. has asked a Texas federal judge to toss a proposed class action challenging its retirement plan management, arguing the suit lacks support for claims that the administrative fees charged by its $4 billion 401(k) plan were high enough to constitute an Employee Retirement Income Security Act violation.
April 16, 2021
Current and former Kimberly-Clark Corp. employees who participated in the paper manufacturer's 401(k) plan hit the company with an ERISA class action, telling a Texas federal court they wrongly shouldered extra costs when the company mismanaged the $4 billion plan.