×
Sunday, October 18, 2026

Engineering Firm Employees Nab Class Cert. In ERISA Suit - Law360

By Patrick Hoff (February 17, 2022, 7:07 PM EST) -- A California federal judge granted class certification to a group of employees at an engineering firm who say the company failed to properly manage its 401(k) plan, leading to higher expenses and imprudent investments. U. S. District Judge James V. Selna said Tuesday that seven former employees of Wood Group U. S. Holdings Inc. have done enough to show commonality among class members despite arguments from Wood and others that the claims are based on specific investments and therefore too individual to be considered together. Wood, along with its 401(k) investment consultant NFP Retirement Inc. and flexPATH Strategies, an NFP subsidiary and Wood's. . .

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Read Full Story: https://www.law360.com/construction/articles/1466283/engineering-firm-employe...