G

Genentech

Genentech faces claims of charging excessive record-keeping fees for its 401(k) plan. The settlement offers a $250,000 fund, but individual payouts are TBD.

ClosedCalifornia onlyClaim status: Closed on May 13, 2024Payout: TBDNo longer claimable

About this settlement

Allegations of excessive record-keeping fees in Genentech's 401(k) plan.

This class action settlement addresses allegations that Genentech charged excessive record-keeping fees for its 401(k) plan. The settlement fund is $250,000, with individual award amounts to be determined. Eligibility extends to current and former participants in the Genentech U.S. Roche 401(k) Savings Plan between October 2, 2014, and January 12, 2024.

Who qualifies

  • Current and former participants, beneficiaries, or alternate payees of Genentech's U.S. Roche 401(k) Savings Plan.
  • Individuals who were participants between Oct. 2, 2014, and Jan. 12, 2024.

TBD

Claim status: Closed on May 13, 2024

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