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BBWI.US
id: 468, Created by Stan Vick Chase, Scout

L Brands 401(k) Settlement

Settled
23 November 2014
Class period Start
20 September 2022
Class period End
09 January 2023
Claim deadline
L Brands agreed to pay $2.75 million to settle a class action lawsuit to avoid further litigation.

The complaint alleged that L Brands, Inc., L Brands Service Company, LLC, and the Retirement Plan Committee of the L Brands, Inc. 401(k) Savings and Retirement Plan violated the Employee Retirement Income Security Act of 1974 (“ERISA”) in the administration of the L Brands, Inc. 401(k) Savings and Retirement Plan.

Those, who are or may be a Participant, Former Participant, Beneficiary or Alternate Payee of a Participant or Former Participant, of the Plan at any time on or after November 23, 2014, through and including September 20, 2022, can be entitled to the payout.
Alleged Offence
Other
Suspected Party
Other
Security Type
Plans (Investment, Pension, Insuranse)
Trade Direction
Long
Lead plaintiff
Donna Allison
Attorney
Miller Shah LLP
Court
Southern District of Ohio
Judge
Hon. Edmund A. Sargus, Jr.
Administrator
Strategic Claims Services
Court hearing date
25 January 2023
+$2,750,000
Total Settlement Amount
Created by Stan Vick Chase, Scout

Bath & Body Works Inc.

Bath & Body Works, Inc. operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products. The company sells its products under the Bath & Body Works, White Barn, and oth...

    Ticker
    BBWI.US
    ISIN
    US0708301041
    CIK
    701985
    Sector
    Consumer Cyclical
    Industry
    Specialty Retail
    Country
    USA
    Address
    Three Limited Parkway, Columbus, OH, United States, 43230