July 29, 2022
This class action concerns the Stanley Black & Decker Retirement Account Plan, bringing suit under the Employee Retirement Income Security Act (ERISA). The complaint alleges that Stanley Black & Decker, Inc., its Board of Trustees, and the plan’s Administrative Committee breached their fiduciary duties to the plan in causing it to pay excessive recordkeeping fees and in maintaining poorly-performing default investment options in the plan.
Case Event File: Stanley Black & Decker Retirement Plan Breach of Fiduciary Duties ComplaintRelated to: Stanley Black & Decker Retirement Plan Breach of Fiduciary Duties Class Action