L Brands 401(k) Plan Breach of Fiduciary Duty Class Action

November 23, 2020

Company retirement plans, like 401(k) plans, are governed by the Employee Retirement Income Security Act (ERISA), and those who handle them are fiduciaries, with the duties of prudence and loyalty to the participants. This class action brings suit against L Brands, Inc., L Brands Service Company, LLC, and the plan’s administrative committee, alleging that these entities have breached their fiduciary duties towards the L Brands, Inc. 401(k) Savings and Retirement Plan.

Case Event File: L Brands 401(k) Plan Breach of Fiduciary Duty Class Action

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