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401(k) Forfeiture Suit Dismissed
USA Herald 
Oct. 27, 2025 "A New York federal judge has thrown out a proposed class action lawsuit against WPP Group USA Inc., ruling that two former employees failed to prove the marketing giant mishandled 401(k) plan forfeitures in violation of federal benefits law.... [The judge found] that the company's use of forfeited funds to offset employer contribution costs was consistent with the plan's governing documents and long-standing federal guidance." [Polanco v. WPP Group USA Inc., No. 24‑09548 (S.D.N.Y. Oct. 27, 2025)] MORE >> |
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