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id: 468, Created by Stan Vick Chase, Scout
L Brands 401(k) Settlement
23 November 2014Class period Start
20 September 2022Class period End
09 January 2023Claim 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.
Plans (Investment, Pension, Insuranse)
Miller Shah LLP
Southern District of Ohio
Hon. Edmund A. Sargus, Jr.
Strategic Claims Services
Court hearing date
25 January 2023
+$2,750,000Total Settlement Amount