Harmon et al v Shell Oil Company

  1. December 08, 2023

    Workers Want Win On Shell 401(k) Mismanagement Claim

    Current and former employees urged a Texas federal judge Friday to award them a win on one of their claims against Shell Oil Co. in their suit alleging the energy giant mismanaged their 401(k) plan, arguing there are no remaining disputes on the issue to resolve at trial.

  2. November 09, 2023

    ERISA Case Against Shell Should Go To Trial, Judge Says

    A Texas federal magistrate judge said Thursday that neither Shell Oil Co. nor retirement plan participants should be granted a pretrial win in a suit claiming the company mismanaged its $10 billion 401(k) plan, recommending a bench trial to hash out factual disputes.

  3. September 21, 2023

    Shell Says Proposed ERISA Class Too Broad To Be Certified

    Shell Oil urged a Texas federal court not to certify classes of over 10,000 retirement benefit participants alleging the company mismanaged its employee 401(k) plan in violation of the Employee Retirement Income Security Act, arguing a magistrate judge's recommendation is too broad and based on improperly considered evidence.

  4. September 07, 2023

    Shell Oil Judge Recommends Certifying Classes In 401(k) Suit

    A Texas federal magistrate judge recommended Wednesday certifying classes of over 10,000 Shell Oil retirement benefit participants who allege the gas giant's mismanagement cost their 401(k) investment accounts $70 million, finding that Fifth Circuit precedent doesn't bar certification even if some class members may not have suffered losses and lack standing.

  5. March 13, 2023

    No Jury Trial For Shell Workers In 401(k) Mismanagement Suit

    Current and former Shell Oil workers can't have their claims that the energy giant mismanaged their retirement savings heard by a jury, a Texas federal judge ruled Monday, saying a 2011 U.S. Supreme Court ruling meant they weren't entitled to a jury trial.

  6. September 07, 2022

    Shell Fights Partial Win Bid In Mismanaged 401(k) ERISA Suit

    Shell Oil Co. told a Texas federal judge that a group of retirement plan participants can't prevail on its claim that the company failed to monitor and subsequently ditch poorly performing investment options in the participants' 401(k) plan, arguing that it wasn't obligated to keep an eye on individual funds.

  7. January 31, 2022

    Shell Says Intra-Class Conflict Prevents Cert. In ERISA Suit

    Shell Oil Co. urged a Texas federal court to block a group of retirement plan participants from bringing their lawsuit over alleged 401(k) mismanagement on behalf of a sprawling class, claiming the proposed class improperly includes members with contradictory interests.

  8. June 18, 2021

    ACA Ruling Caps Busy 1st Half Of 2021 For Benefits Cases

    The U.S. Supreme Court's decision to uphold the Affordable Care Act capped off an eventful six months for benefits-related litigation in the federal courts, which have ruled on hot topics including arbitration, forum selection clauses and ERISA preemption.

  9. March 31, 2021

    Fidelity Escapes ERISA Suit Over Shell Workers' Info

    Confidential information about Shell Oil workers that Fidelity Investments obtained in its role of retirement plan recordkeeper and allegedly misused is not a "plan asset" that can give rise to claims under the Employee Retirement Income Security Act, a Texas federal judge ruled.

  10. January 03, 2021

    ERISA Arbitration, New Legal Theories To Be Tested In 2021

    In 2021, courts stand poised to consider whether employers can kick benefit plan mismanagement suits to arbitration and whether two novel theories in class actions over retirement plans hold water. Here, Law360 highlights six ERISA cases to watch in the new year.