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Berman v. Estee Lauder


justanotheradmin

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I saw some new articles saying the case was being settled. 

https://www.planadviser.com/parties-lawsuit-401k-account-fraud-agree-settle/

Does anyone know any of the details? I'm curious to hear how it worked out. Considering it seems the plan administrator couldn't even provide a summary plan description when asked I didn't have a lot of confidence it would settle without a lot of conflict. 

 

I'm a stranger on the internet. Nothing I write is tax or legal advice. 

I'd like a witty saying here, but I don't have any. When in doubt, what does the plan document say?

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4 hours ago, justanotheradmin said:

I saw some new articles saying the case was being settled. 

https://www.planadviser.com/parties-lawsuit-401k-account-fraud-agree-settle/

Does anyone know any of the details? I'm curious to hear how it worked out. Considering it seems the plan administrator couldn't even provide a summary plan description when asked I didn't have a lot of confidence it would settle without a lot of conflict. 

 

It is in process of being settled; they still need to work out the nitty gritty details.  And then the settlement may very well NOT be public.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

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