Labor/Employment,
Class Action
Feb. 7, 2023
Claims against Trader Joe’s over retirement plan dropped
The agreement ended the individual plaintiffs’ claims but a component class action was dismissed without prejudice nearly a year after the plaintiffs won a 9th U.S. Circuit Court of Appeal ruling.
Claims against Trader Joe’s over retirement plan dropped
Three Trader Joe’s workers have agreed to drop a class action against the grocery alleging that it cost the plaintiffs more than $30 million and breached its fiduciary duty to employees in mismanaging fees related to investment options in the company’s retirement plan.
The agreement reached on Friday dismisses the individual plaintiffs’ claims with ...
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