X
20Jan

Northrup Grumman Agrees To Settle 401(k) Excessive Fee Suit

Northrop Grumman has agreed to pay $12,375,000 to settle a class action brought under the Employee Retirement Income Security Act (“ERISA”) by participants in its 401(k) plan. The parties reached the initial terms of this settlement last year minutes...
By: Jackson Lewis P.C.
Source Url: https://www.jdsupra.com/legalnews/northrup-grumman-agrees-to-settle-401-k-57102/

Related

The Event Driven #MeToo Lawsuit: An Update on the CBS Securities Class Action

Last June, we wrote a Legal Update on Recent Developments in Securities Litigation: The "Event Drive...

Read More >

Don’t forget that DB restatement date

The Internal Revenue Service (IRS) has established a process that requires all retirement plan spons...

Read More >

Bay Area Counties Allow Certain Businesses And Construction Projects To Reopen While Extending Shelter-In-Place Order Through May 31

Six Bay Area counties and the city of Berkeley officially announced an extension of the regional COV...

Read More >

SECURE Act Makes Big Changes to Retirement Plans

Employers, plan sponsors, and plan administrators ring in the New Year with new recordkeeping and ad...

Read More >

[Webinar] Nine from '19 – A Year in Review - January 7th, 12:00 pm ET

Bricker education attorneys Nicole Donovsky, David Lampe and Beverly Meyer summarize the most import...

Read More >