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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 Start20 September 2022
Class period End09 January 2023
Claim deadlineL 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