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Law360: Justices Turn Away Chevron Workers’ 401(k) Fee ChallengeMay 28, 2019
The US Supreme Court denied a writ of certiorari to a proposed class of current and former Chevron workers in their Employee Retirement Income Security Act suit against Chevron Corp. and its investment committee. The case alleges that Chevron’s failure to ensure its 401(k) plan paid reasonable record-keeping fees cost workers millions of dollars.
O’Melveny partner Jonathan Hacker represented Chevron in this matter.