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Massive Lowe's, Aon ERISA Class Action Heads Toward Trial


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Massive Lowe s, Aon ERISA Class Action Heads Toward Trial
Law360 (February 12, 2021, 7:30 PM EST) A North Carolina federal judge on Friday shot down dueling summary bids for victory from Lowe s, Aon Hewitt and a group of around 250,000 current and former Lowe s employees in a 401(k) mismanagement class action, saying a jury needed to weigh the facts of the case.
U.S. District Judge Kenneth Bell said none of the parties were due a win in former Lowe s employee Benjamin Reetz s suit, which accused Lowe s Cos. Inc. and Aon Hewitt Investment Consulting Inc. of flouting their Employee Retirement Income Security Act duties. The class was certified in November. ....

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