April 2019 Posts

Apr
3
2019

Retirement-Plan Class Action Payouts by Large Corporations Top $6 Billion

A new compilation of court records finds that large corporations have paid out $6.2 billion in class-action lawsuits in which employees claimed that the companies acted improperly in the administration of their 401(k) or defined-benefit pension or retiree health plans. That’s the total of 201 settlements and verdicts since the

Apr
1
2019

Amazon Apologizes, Foxconn Folds, Big Oil Fesses Up

Corporate America got religion ahead of Easter this year, as peace broke out in America’s tax-break war among the states.