Miller v. Pfizer, Inc., et al
Case Number:
1:23-cv-00594
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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October 18, 2024
Pfizer Escapes 401(k) Fee Suit Due To Poor Comparisons
A Michigan federal judge tossed a former employee's proposed class action claiming Pfizer Inc. let its $21 billion retirement plan be overcharged for recordkeeping fees, crediting the pharmaceutical giant's arguments that the case was only supported with "apples-to-oranges" comparisons.
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August 09, 2023
Pfizer Says 401(k) Mismanagement Claims Must Be Tossed
Pfizer Inc. told a Michigan federal judge Tuesday an excessive retirement plan fee suit is fatally flawed because the pharmaceutical giant's employees "cannot identify even a single comparable plan" that charged lower recordkeeping fees.
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June 09, 2023
Pfizer Mismanaged Fees For $22B 401K Plan, Employees Say
Pfizer and its board of directors have been mismanaging the company's $22 billion defined contribution employee pension plan by failing to make sure the administrative and record keeping fees were reasonable, according to a proposed class action filed Thursday in Michigan federal court.