Torres v. Greystar Management Services, L.P.

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Case overview

Case Number:

5:19-cv-00510

Court:

Texas Western

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Fred Biery

Firms

  1. January 07, 2021

    Greystar Inks Deal To Settle Proposed ERISA Class Action

    Greystar Management Services LP has inked a deal to settle a proposed Employee Retirement Income Security Act class action challenging its 401(k) plan's investments and fees, the real estate manager and a potential class of current and former workers have told a Texas federal judge.

  2. March 02, 2020

    Worker Says Greystar Arbitration Pact Doesn't Nix ERISA Suit

    A former Greystar Management Services LP worker has doubled down on her argument that a court should hear her class claims that her 401(k) plan contained poorly performing investment options and carried high fees, saying the company hasn't plausibly claimed her case belongs in arbitration.  

  3. February 28, 2020

    Greystar Urges Judge To Stand By ERISA Arbitration Decision

    Greystar Management Services LP wants a federal magistrate judge to stick to his decision compelling individual arbitration of a former worker's ERISA suit claiming her 401(k) plan saddled participants with exorbitant fees, saying she has tried to distort the real estate management company's arguments in her favor.

  4. February 07, 2020

    Arbitration Pact Doesn't Bar ERISA Class Action, Worker Says

    A former Greystar Management Services LP employee is fighting a Texas federal judge's decision to send her court challenge over how Greystar managed her 401(k) plan to individual arbitration, arguing the arbitration agreement she had to sign doesn't cover proposed class actions like hers.

  5. September 09, 2019

    Greystar Seeks To Ax Suit Challenging 401(k) Plan Fees

    A unit of real estate management company Greystar Real Estate Partners has asked a Texas federal judge to toss a former employee's proposed class action accusing the company of mismanaging workers' retirement savings, saying an arbitration pact she agreed to dooms her suit.

  6. May 14, 2019

    Greystar Sued Over Allegedly Excessive 401(k) Plan Fees

    A subsidiary of real estate management company Greystar Real Estate Partners has been accused in Texas federal court of mismanaging the retirement savings of around 15,000 investors in the company's 401(k) plan by saddling them with exorbitant administrative fees.