Common use of What Is The Class Action About Clause in Contracts

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have denied and continue to deny the claims and contentions of the Class Representatives, that they are liable at all to the Class, and that the Class or the Plans have suffered any harm or damage for which Defendants could or should be held responsible. Defendants contend that they acted prudently and in keeping with their fiduciary responsibilities under ERISA, and in the best interests of the Plans’ participants, including by monitoring, reviewing, and evaluating the Plans’ investment options, by monitoring, reviewing, and evaluating the administrative fees paid by the Plans, by eliminating or adding investment options when appropriate, and by negotiating fees for administrative services for the Plans to ensure that the Plans paid reasonable fees for the services provided.

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have Defendant has denied and continue continues to deny the claims and contentions of the Class Representatives, that they are it is liable at all to the Class, and that the Class or the Plans Plan have suffered any harm or damage for which Defendants Defendant could or should be held responsible. Defendants contend , as Defendant contends that they it acted prudently and in keeping with their its fiduciary responsibilities under ERISA, and in the best interests of the Plans’ participants, including ERISA by monitoring, reviewing, reviewing and evaluating the Plans’ Plan’s investment options, by monitoring, reviewing, reviewing and evaluating the administrative fees paid by the PlansPlan, by eliminating or adding investment options when appropriate, appropriate and by negotiating fees for administrative services for the Plans Plan to ensure that the Plans Plan paid reasonable fees for the services provided.

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant Defendants violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have denied and continue to deny the claims and contentions of the Class Representatives, that they are liable at all to the Class, and that the Class or the Plans Plan have suffered any harm or damage for which Defendants could or should be held responsible. , as Defendants contend that they acted prudently and in keeping with their fiduciary responsibilities under ERISA, and in the best interests of the Plans’ participants, including ERISA by monitoring, reviewing, reviewing and evaluating the Plans’ Plan’s investment options, by monitoring, reviewing, reviewing and evaluating the administrative fees paid by the PlansPlan, by eliminating or adding investment options when appropriate, appropriate and by negotiating fees for administrative services for the Plans Plan to ensure that the Plans Plan paid reasonable fees for the services provided.

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have denied and continue to deny the claims and contentions of the Class Representatives, that they are liable at all to the Class, and that the Class or the Plans have suffered any harm or damage for which Defendants could or should be held responsible. Defendants contend that they acted prudently and in keeping with their fiduciary responsibilities under ERISAXXXXX, and in the best interests of the Plans’ participants, including by monitoring, reviewing, and evaluating the Plans’ investment options, by monitoring, reviewing, and evaluating the administrative fees paid by the Plans, by eliminating or adding investment options when appropriate, and by negotiating fees for administrative services for the Plans to ensure that the Plans paid reasonable fees for the services provided.

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant Defendants violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have denied and continue to deny the claims and contentions of the Class Representatives, that they are liable at all to the Class, and that the Class or the Plans Plan have suffered any harm or damage for which Defendants could or should be held responsible. , as Defendants contend that they acted prudently and in keeping with their fiduciary responsibilities under ERISA, and in the best interests of the Plans’ participants, including ERISA by monitoring, reviewing, reviewing and evaluating the Plans’ Plan's investment options, by monitoring, reviewing, reviewing and evaluating the administrative fees paid by the PlansPlan, by eliminating or adding investment options when appropriate, appropriate and by negotiating fees for administrative services for the Plans Plan to ensure that the Plans Plan paid reasonable fees for the services provided.

What Is The Class Action About. In the Class Action, Class Representatives claim that, during the Class Period, the Defendant Defendants violated the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. §1001, et seq., with respect to its management, operation and administration of the Plan, including allowing excessive fees and imprudent investments in the Plan. Defendants have denied and continue to deny the claims and contentions of the Class Representatives, that they are liable at all to the Class, and that the Class or the Plans Plan have suffered any harm or damage for which Defendants could or should be held responsible. , as Defendants contend that they it acted prudently and in keeping with their fiduciary responsibilities under ERISA, and in the best interests of the Plans’ participants, including ERISA by monitoring, reviewing, reviewing and evaluating the Plans’ Plan’s investment options, by monitoring, reviewing, reviewing and evaluating the administrative fees paid by the PlansPlan, by eliminating or adding investment options when appropriate, appropriate and by negotiating fees for administrative services for the Plans Plan to ensure that the Plans Plan paid reasonable fees for the services provided.