Thread regarding Xerox Corp. layoffs

X settling 401k class lawsuit

https://news.bloomberglaw.com/employee-benefits/xerox-workers-strike-deal-in-in-house-401k-provider-lawsuit

Class settlement motion expected in December
Provider allegedly charged up to $136 per person, per year

Xerox Corp. plans to settle litigation by a proposed class of workers who say their $4.3 billion 401(k) plan is managed by an expensive, in-house record keeper, a filing in Connecticut federal court shows.

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| 2071 views | | 2 replies (last November 1, 2022) | Reply
Post ID: @OP+1jnTZ9Hl

2 replies (most recent on top)

Does anyone know if affected employees need to sign up with the attorneys handling the lawsuit in order to receive a settlement?

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Post ID: @7lcj+1jnTZ9Hl

Gotta make room for the next debacle.

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Post ID: @iuj+1jnTZ9Hl

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