ADVERTISEMENT
ADVERTISEMENT
Westco Chemicals Reaches ERISA Class Action Settlement
Law360 (May 10, 2021, 7:45 PM EDT) -- Westco Chemicals inked a deal to wrap up class action claims that it mismanaged its employees' retirement savings, with two former workers notifying a California federal judge that their Employee Retirement Income Security Act suit was settled two months before a scheduled trial.
Daniel Draney and Lorenzo Ibarra informed U.S. District Judge Otis D. Wright of the deal in a notice of class action settlement filed Friday. The notice indicates that more information about the settlement, whose financial specifics were kept hidden, will become public in about a month.