Home Depot 401(k) Plan Participants Seek More Than $140M For Alleged Plan Losses

Mealey's (April 17, 2018, 9:34 AM EDT) -- ATLANTA — In an April 12 class action complaint filed in Georgia federal court, participants in The Home Depot’s 401(k) retirement plan allege that Home Depot breached its fiduciary duties under the Employee Retirement Income Security Act by mismanaging the company’s 401(k) retirement plan at a cost of more than $140 million in losses to plan participants (Jaime H. Pizarro, et al. v. The Home Depot Inc., et al., No. 18-1566, N.D. Ga.)....

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