HP Escapes 'Novel' 401(k) Suit Over Use Of Forfeited Funds

By Emmy Freedman (June 18, 2024, 1:23 PM EDT) -- A California federal judge threw out a proposed class action that accused HP of unlawfully using former workers' forfeited 401(k) funds to satisfy its own contributions, saying nothing in federal benefits law required the company to use the funds to cover plan expenses....

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