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Honeywell Cites Clorox Case In 401(k) Forfeiture Suit Toss Bid

By George Woolston ( November 6, 2024, 8:03 PM EST) -- Honeywell has urged a New Jersey federal court to toss a proposed class action alleging that it violated federal benefits law over its practice of using forfeited 401(k) contributions to offset its retirement plan contributions rather than covering plan expenses, pointing to a California decision involving similar claims....

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