Law360: Trader Joe’s Ex-Workers Can't Guess 401(k) Fees, Judge Says

April 27, 2020

O’Melveny obtained a win for Trader Joe’s in a proposed class action regarding workers’ savings, Law360 reported.

“A California federal judge on Friday dismissed a proposed class action claiming Trader Joe’s squandered workers’ retirement savings on excessive 401(k) plan fees, ruling the two ex-workers cannot just guess how much the fees were,” the article stated. “Trader Joe’s is represented by Dawn Sestito, Catalina Vergara and Collins Kilgore of O'Melveny & Myers LLP.”

Law360 subscribers can read the full article here.