Thread regarding GlobalFoundries layoffs

GlobalFoundries U.S. Inc. 401(k) Plan Investigation For Current & Former Employees

https://www.edelson-law.com/employee-benefits-erisa-cases/globalfoundries-retirement-plan-violation/

Edelson Lechtzin LLP is investigating whether current and former employees of GlobalFoundries U.S. Inc. have been harmed by mismanagement of the GlobalFoundries U.S. Inc. 401(k) Plan. Our preliminary investigation indicates that the GlobalFoundries U.S. Inc. 401(k) Plan paid excessive fees to Prudential Retirement for administrative services.

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Post ID: @OP+1fLSkLnB

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*July 21, 2021
*Empower to buy 4,300 retirement plans from Prudential in deal worth $3.55 billion
Last Updated: July 21, 2021 at 3:17 p.m. ET

https://www.marketwatch.com/story/empower-to-buy-4-300-retirement-plans-from-prudential-in-deal-worth-3-55-billion-11626892893

*Finalized March 14, 2022

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Post ID: @fxb+1fLSkLnB

I knew this was shady!

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