Cutrone v. The Allstate Corporation et al
Case Number:
1:20-cv-06463
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 02, 2024
Allstate Plan Participants Want $70M ERISA Case Kept In Play
Claims by a proposed class of current and former Allstate workers that the insurer cost them nearly $70 million by keeping poor-performing funds in their retirement plan should head to trial, the workers argued Friday while urging an Illinois federal court not to toss the suit.
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September 30, 2021
Allstate Can't Slip ERISA Suit Over Retirement Plan Options
An Illinois federal court held that Allstate Corp. must face an ERISA suit lodged by a group of current and former workers who claim the insurer cost them nearly $70 million by keeping poor-performing funds in their profit-sharing retirement plan.
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June 10, 2021
Allstate Says Employees In ERISA Suit 'Lost Nothing'
Allstate Corp. pushed back Wednesday on a proposed class of current and former employees fighting to maintain claims they lost more than $70 million in retirement savings due to plan mismanagement, saying "the plain truth is that plaintiffs lost nothing."
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May 13, 2021
Allstate Workers Fight Insurer's Bid To Ditch ERISA Suit
A proposed class of current and former Allstate employees say the insurer can't ditch their claims they lost more than $70 million in retirement savings due to plan mismanagement, arguing an "extensive body" of federal labor law protects their right to sue.
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October 30, 2020
Allstate Workers Say Faulty Retirement Plan Lost Them $65M
Allstate got hit on Friday with a proposed class action claiming current and former employees have lost more than $65 million in retirement savings because the insurer has failed to remove a suite of underperforming investment funds from its retirement plan.