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401(k) Forfeiture Suit Not Backed By ERISA, Judge Says

By Grace Elletson ( May 1, 2025, 4:05 PM EDT) -- An Arizona federal judge nixed a proposed class action from workers who claimed a trucking company illegally used abandoned cash in its retirement fund to pay down its own contributions rather than covering plan fees, saying the workers' "novel theory" wasn't in line with federal benefits law....

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