Quatrone v. Gannett Co., Inc. et al
Case Number:
1:18-cv-00325
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 05, 2023
Gannett Beats 401(k) Class Action Over Tegna Stock
A Virginia federal judge granted Gannett a win Tuesday in a class action accusing it of costing its 401(k) plan $135 million by keeping too much money invested in ex-parent company Tegna's stock, saying the newspaper conglomerate showed it didn't make its decisions recklessly.
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November 18, 2022
Gannett Denied Quick Win, Class Certified In 401(k) Row
A Virginia federal judge granted a group of 12,000 Gannett workers class certification in their suit accusing the newspaper conglomerate of costing its 401(k) plan $135 million by keeping ex-parent company Tegna's shoddy stock options in the investment lineup and rejected the company's bid for a quick exit.
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July 29, 2022
4 August Court Hearings For Benefits Attys To Know
The Fifth Circuit will soon hear arguments from the federal government and religious groups battling over an injunction protecting religious medical providers that assert faith-based objections from having to perform abortions or gender-transition surgery, or cover those procedures for employees.
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May 31, 2022
Gannett Seeks End To ERISA 401(k) Row
Gannett Co. Inc. asked a Virginia federal court to grant it a win in a proposed class action brought by workers alleging that the newspaper conglomerate mismanaged their 401(k) plan by keeping stock from ex-parent Tegna Inc. in the investment lineup, arguing that a safe harbor in federal law precluded their claims.
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February 14, 2019
New Complaint Can't Save Suit Over Gannett 401(k) Plan
A Virginia federal judge won't give a proposed class a second shot at its suit alleging Gannett Co. Inc. cost the company's 401(k) plan millions by keeping stock from ex-parent Tegna Inc. in the investment lineup, ruling the revised pleadings do not fix the flaws in the case.
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September 27, 2018
Gannett Dodges Suit Over 401(k) Plan's Tegna Investments
Gannett Co. Inc. won't have to face claims that its 401(k) plan lost millions by keeping stock from its ex-parent Tegna Inc. in the investment lineup after a Virginia federal judge ruled the proposed class didn't show Gannett flouted its duties to the plan.
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July 31, 2018
Gannett Fights Employees' Cert. Bid In 401(k) Row
Gannett Co. Inc. has urged a Virginia federal judge not to certify a class of more than 12,000 workers in their suit alleging the company's 401(k) plan lost millions by keeping its ex-parent Tegna Inc.'s stock on the investment lineup, saying class certification isn't necessary because the plan is dropping that stock anyway.
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July 16, 2018
Gannett 401(k) Participants Seek Cert. In Benefits Suit
A former Gannett Co. Inc. employee has urged a Virginia federal judge to certify a class of more than 12,000 individuals in his suit accusing the company of causing its 401(k) plan to lose roughly $135 million by keeping investments in its former parent company's stock.
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May 01, 2018
Gannett Must Face ERISA Suit Over 401(k), Court Told
A participant in a Gannett 401(k) plan urged a Virginia federal court Monday not to nix a proposed Employee Retirement Income Security Act class action accusing the company of causing about $135 million in losses by concentrating investments in its former parent company's common stock.
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April 17, 2018
Gannett Looks To Spike ERISA Suit Over 401(k)'s Tegna Stock
Gannett Co. Inc. on Monday urged a Virginia federal judge to toss a proposed Employee Retirement Income Security Act class action accusing it of causing about $135 million in losses for its 401(k) plan and the plan's participants by concentrating investments in its ex-parent company's common stock.