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Daybright Financial
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401(k) Plan Defendants Prevail on Forfeiture Claim at Bench Trial
Groom Law Group Link to more items from this source
May 12, 2026

"A federal district court issued a mid-trial ruling in favor of the defendants regarding their use of forfeitures ... [This] case is one of nearly 100 lawsuits filed in the last few years challenging how 401(k) plan sponsors and fiduciaries use the unvested contributions of former plan participants, commonly referred to as 'forfeitures.' " [Stephan v. Trader Joe's Company, No. 25-10212 (D. Mass. May 8, 2026)]  MORE >>

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