Catenac et al v. Lennar Corporation
Case Number:
1:22-cv-23232
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 15, 2025
Lennar Workers Should Arbitrate 401(k) Suit, Judge Says
Current and former Lennar Corp. employees should have to individually arbitrate a proposed class action claiming the construction company loaded its 401(k) plan with excessive fees and lackluster investment options, a Florida federal magistrate judge recommended, finding the plan's arbitration provision doesn't conflict with federal benefits law.
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May 03, 2024
Lennar Workers Say 2nd Circ. Ruling Backs Their ERISA View
Workers who sued Lennar Corp. in a proposed class action over mismanaging their $1.2 billion retirement plan have urged a Florida federal court to deny the company's motion for dismissal, saying a recent appellate ruling doesn't allow the employer to enforce an arbitration provision because it violates federal pension law.
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December 16, 2022
Lennar Corp. Wants 401(k) Suit Tossed Or Arbitrated
Construction company Lennar Corp. told a Florida federal judge that retirement account holders' claims that it allowed its $1.2 billion 401(k) plan to be reduced due to excessive fees and imprudent investments belong in arbitration or should be tossed entirely, saying the accusations fall short.
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October 06, 2022
Lennar Corp. Accused Of Mismanaging $1.2B Retirement Plan
Retirement account holders have brought a proposed class action against Miami-based Lennar Corporation, alleging the construction company breached its fiduciary duty by allowing their benefits in its $1.2 billion 401(k) plan to be reduced due to excessive fees and compensation, despite underperforming investments.