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MCLACHLAN et al v. INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS et al
Case Number:
2:22-cv-04115
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 23, 2024
Union 401(k) Plan Trustees Strike $5M Deal To End ERISA Suit
Two elevator workers asked a Pennsylvania federal court to sign off on a $5 million settlement that would wrap up a proposed class action alleging their union's retirement plan was loaded with excessive administrative fees and shoddy investment options.
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November 02, 2023
Elevator Workers Seek OK For Sweeping 401(k) Class Action
Two elevator workers asked a Pennsylvania federal court to approve a nearly 30,000-member class in their suit alleging their union's retirement plan was plagued by excessive administrative fees and substandard investment options, arguing they can represent the plan even if they didn't personally invest in every challenged fund.
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June 08, 2023
Union Retirement Plan Trustees Can't Shake Workers' Claims
Two workers' claims that the board of trustees for a union's annuity and retirement plan breached its fiduciary duty can move forward in a proposed class action, a Pennsylvania federal judge ruled, saying Third Circuit precedent shields the allegations from dismissal at this stage.