On September 16, 2021, a district judge for the United States District Court for the Southern District of Ohio determined that a proposed class action lawsuit against L Brands, Inc., L Brands Service Company, LLC, and its Retirement Plan Committee, was fit to proceed, denying the Company’s attempt to dismiss the action. The lawsuit was brought on behalf of participants and beneficiaries of the plan, who allege that the company mismanaged its defined contribution plan.

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On August 2, 2021, a District Judge in the United States District Court for the Southern District of New York ruled that the ERISA class action lawsuit was fit to proceed on certain claims.

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On July 22, 2021, the United States District Court for the District of Massachusetts determined that a proposed class action lawsuit against Biogen, Inc. was fit to proceed, denying most of Biogen’s attempt to dismiss the legal action.

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The Settlement resolves allegations that Safeway mismanaged its 401(k) defined contribution plan, thereby damaging the retirement accounts of over 30,000 employees. The Settlement amount covers monetary relief to class members, awards to the lead plaintiffs, and attorneys’ fees and expenses.

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On March 31, 2021, a district judge determined that a class action lawsuit against Coca-Cola Consolidated, Inc., and its Corporate Benefits Committee was fit to proceed, denying the Company’s attempt to dismiss the legal action. The lawsuit stems from allegations that the Company mismanaged its defined contribution retirement plan.

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