The settlement will benefit anyone who participated in the Teva Pharmaceuticals retirement savings plan at any time between Dec. 6, 2013, through June 28, 2019, including any beneficiary of a deceased person who participated in the plan at any time during that period, and any alternate payee of a person subject to a Qualified Domestic Relations Order who participated in the plan at any point during the Class Period. You may be eligible for a potential award from the Teva Pharmaceuticals Retirement Savings Plan Class Action Lawsuit!
According to the class action, the plaintiffs claim that Teva Pharmaceuticals violated the federal Employee Retirement Income Security Act (ERISA) by failing to attempt to negotiate fees and expenses charged against plan participants’ investments. Teva Pharmaceuticals has agreed to pay $2.55 million to settle claims in regards to the breach.
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Teva Pharmaceuticals Retirement Savings Plan CAL
- Claim Form Deadline: N/A
- Who’s Eligible: Anyone who participated in the Teva Pharmaceuticals retirement savings plan at any time between Dec. 6, 2013, through June 28, 2019, including any beneficiary of a deceased person who participated in the plan at any time during that period, and any alternate payee of a person subject to a Qualified Domestic Relations Order who participated in the plan at any point during the Class Period
- Estimated Amount: $10 or more
- The minimum payment Class Member will receive is $10.
- After the Court grants final approval, Class Members will receive a share of the fund that remains after fees and other expenses are paid. Each Class Member’s proportional share will be calculated based in part on their account balances during the Class Period
- Proof of Purchase: N/A
- Case Name & Number: Jerry Pinnell, et al. v. Teva Pharmaceuticals USA Inc., et al., Case No. 2:19-cv-05738-MAK in the U.S. District Court for the Eastern District of Pennsylvania
(Click here to file a claim)
How To File a Claim
- Head over to the Teva Pharmaceuticals Retirement Savings Plan Claim Form.
- Read over the claim form to see if you are eligible.
- If you would like to object, you can do so by April 12, 2021.
Bottom Line
The settlement will benefit anyone who participated in the Teva Pharmaceuticals retirement savings plan at any time between Dec. 6, 2013, through June 28, 2019, including any beneficiary of a deceased person who participated in the plan at any time during that period, and any alternate payee of a person subject to a Qualified Domestic Relations Order who participated in the plan at any point during the Class Period. You may be eligible for a potential award from the Teva Pharmaceuticals Retirement Savings Plan Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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The post Teva Pharmaceuticals Retirement Savings Plan Class Action Lawsuit appeared first on Hustler Money Blog.