L Brands 401(k) Settlement

The settlement funds have been distributed to claimants.

$2,750,000

Cash Settlement

S.D. Ohio

Court

11/23/2014

Class period Start

09/20/2022

Class period End

01/09/2023

Claim deadline

L Brands agreed to pay $2.75 million to settle a class action lawsuit to avoid further litigation.

The complaint alleged that L Brands, Inc., L Brands Service Company, LLC, and the Retirement Plan Committee of the L Brands, Inc. 401(k) Savings and Retirement Plan violated the Employee Retirement Income Security Act of 1974 (“ERISA”) in the administration of the L Brands, Inc. 401(k) Savings and Retirement Plan.

Those, who are or may be a Participant, Former Participant, Beneficiary or Alternate Payee of a Participant or Former Participant, of the Plan at any time on or after November 23, 2014, through and including September 20, 2022, can be entitled to the payout.

Case Status

Disbursed

Alleged Offence

Other

Suspected Party

Other

Security Type

Plans (Investment, Pension, Insuranse)

Trade Direction

Long

Plaintiffs

Donna Allison

Attorneys

Miller Shah LLP

Judge

Hon. Edmund A. Sargus, Jr.

Administrator

Strategic Claims Services

Court hearing date

01/25/2023

Trades matching type

FIFO

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