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IN RE AMERICAN NATIONAL RED CROSS ERISA LITIGATION
Case Number:
1:21-cv-00541
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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January 23, 2024
DC Judge Won't Ax Red Cross Workers' ERISA Suit Yet
A D.C. federal judge on Tuesday declined to toss a lawsuit claiming the American National Red Cross violated federal benefits law by offering its workers an underperforming retirement plan with excessive fees, ordering each side to conduct "narrow, constrained and efficient discovery" before returning to the dismissal bid.
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June 16, 2021
Red Cross Steered Workers To Shoddy 401(k) Funds, Suit Says
The American National Red Cross was hit with a proposed class action in a D.C. federal court alleging the nonprofit violated federal benefits law by letting its retirement plan pay excessive fees and letting workers sink their retirement savings into underperforming funds.