August 14, 2024
A former Calbiotech Inc. employee must return a $12,500 payment he received after being terminated, a California federal judge ruled, finding he breached his severance agreement by filing a lawsuit claiming he was let go for asking about the life sciences company's 401(k) plan documents.
April 25, 2023
A California federal judge refused to sanction a biotechnology company in a battle with an ex-worker over 401(k) plan contributions, saying the worker's allegation that a company attorney cursed at him couldn't be verified and his claim that the company fabricated documents should wait until after trial.
March 14, 2023
Calbiotech Inc. and its defense attorneys asked a California federal judge to disregard a request for sanctions against them from a former employee alleging mismanagement of a 401(k) plan, denying allegations from the ex-worker that counsel hurled obscenities at him or fabricated evidence.
January 04, 2023
Life sciences company Calbiotech Inc. can't dodge a former employee's suit claiming it violated the Employee Retirement Income Security Act by failing to make matching contributions to employees' 401(k) plans, after a California federal judge found the company's failure to provide certain notices doesn't excuse the purported mismanagement.