Massive Walgreens Worker Class Inks $13.75M 401(k) Deal

Summary

Law360 (October 25, 2021, 8:00 PM EDT) -- A certified class of nearly 200,000 participants in a 401(k) plan asked an Illinois federal judge to greenlight their $13.75 million deal resolving claims that the pharmacy chain Walgreens cost workers $300 million by steering their retirement savings into mutual funds that brought subpar returns.