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Judge Allows Fiat Chrysler 401(k) Mismanagement Suit to Proceed - USA Herald
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Judge Allows Fiat Chrysler 401(k) Mismanagement Suit to Proceed - USA Herald
Fiat Chrysler’s attempt to slam the brakes on a retirement plan lawsuit has failed, as a Michigan federal judge ruled Tuesday that employees had made a strong enough case to proceed with claims of mismanagement tied to the automaker’s 401(k) plans. Allegations of Mismanaged Funds The suit, filed in November 2024, targets two defined-contribution retirement plans offered to FCA workers: the UAW Savings Plan, created under a union agreement, and a…
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