Anderson v. Intel Corporation Investment Policy Committee et al

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Case overview

Case Number:

5:19-cv-04618

See also:

Court:

California Northern

Nature of Suit:

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

Multi Party Litigation:

Class Action

Judge:

Vince Chhabria

Firms

Companies

Sectors & Industries:

  1. January 10, 2022

    Bulk Of Ex-Intel Workers' ERISA Suit Permanently Tossed

    A California federal judge has permanently dismissed all but one claim from a proposed ERISA class action accusing Intel's retirement and 401(k) plan fiduciaries of spending billions on "risky," poorly performing investment options.

  2. January 22, 2021

    Intel's Retirement Plan Leaders Win Trim Of ERISA Claims

    A California federal judge Thursday tossed three former Intel Corp. employees' proposed Employee Retirement Income Security Act class action accusing fiduciaries overseeing the company's investment plans of funneling billions of funds into "risky" endeavors, ruling the workers failed to provide even "minimal factual support" of some allegations.

  3. August 12, 2019

    Ex-Intel Worker Takes Aim At Retirement-Plan Investments

    A former Intel Corp. employee has accused the committee that directs fund investment from Intel's retirement and 401(k) plans of unwisely funneling billions of dollars' worth of workers' retirement savings into "risky" investments.