ES.US
id: 747, Created by Stan Vick, Scout
Eversource (ES) $15 Mliion 401(K) Settlement
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
Claim payout
D. Connecticut
Court3:20-cv-00902-JCH
Case number30 Jun 2014
Class period Start27 Apr 2023
Class period End25 Aug 2023
Claim deadlineEversource (ES) agreed to settle $15 million with the company's 401(K) plan participants.
The lawsuit claims a violation of ERISA.
IF YOU WERE A PARTICIPANT IN THE EVERSOURCE 401(K) PLAN BETWEEN JUNE 30, 2014, AND APRIL 27, 2023, YOU COULD RECEIVE A PAYMENT AND YOUR LEGAL RIGHTS WILL BE AFFECTED BY THIS CLASS ACTION SETTLEMENT.
Settlement Web Page:
https://www.strategicclaims.net/eversource401k/
Alleged Offence
Mismanagement,
Malpractice,
Negligence
Suspected Party
Directors,
Management,
Service Provider
Security Type
Plans (Investment, Pension, Insuranse)
Trade Direction
Long
Filing date
30 June 2020
Lead plaintiff
s Kimberly Garthwait, Cumal T. Gray, Kristine T. Torrance, Michael J. Hushion
Attorney
Miller Shah LLP
Judge
Hon. Janet C. Hall
Administrator
Strategic Claims Services
Court hearing date
26 September 2023
Objection deadline
27 August 2023
Hearing deadline
11 September 2023
+$15,000,000
Total Settlement AmountCase history
Stan Vick
18 August 2023
$ES 401K Case Update:
- Eversource settles $15 million with the company's 401(K) plan participants.
- The payout claim deadline is August 25, 2023.