Parties In 401(k) Suit File Stipulation, Say Class Certification Is Appropriate

Mealey's (November 2, 2020, 9:40 AM EST) -- STATESVILLE, N.C. — Parties involved a dispute over the alleged mismanagement of a 401(k) plan on Oct. 28 filed a stipulation for class certification, contending that the North Carolina federal court should approve the stipulation because class certification is appropriate and has been granted in similar suits brought under the Employee Retirement Income Security Act (Benjamin Reetz v. Lowe’s Companies Inc., et al., No. 18-75, W.D. N.C.)....