Nationwide Agrees To $12.9M Deal Over 401(k) Fund Fees

By Bonnie Eslinger · November 4, 2026, 7:40 PM EST

Nationwide Mutual Insurance Co. has agreed to pay an 83,000-member class $12.9 million to end claims the company mismanaged an employee 401(k) plan, ending six years of litigation less than two...

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Case Information

Case Title

Sweeney et al v. Nationwide Mutual Insurance Company et al

Case Number

2:20-cv-01569

Court

Ohio Southern

Nature of Suit

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

Date Filed

March 26, 2020