Nestle 401(k) Duties of Prudence and Loyalty ERISA Complaint

October 9, 2020

The plaintiff in this case brings suit on behalf of the Nestle 401(k) Savings Plan, against Nestle USA, Inc. and its board of directors. The Employee Retirement Income Security Act (ERISA) governs company-employee retirement accounts, and the complaint alleges that those responsible for Nestle’s 401(k) plan violated their fiduciary duties of loyalty and prudence under the law.

Case Event File: Nestle 401(k) Duties of Prudence and Loyalty ERISA Complaint

Related to: Nestle 401(k) Duties of Prudence and Loyalty ERISA Class Action