According to the complaint, Schnader in 2022 and 2023 mishandled employee contributions to the plan and "commingled the withheld employee contributions with the firm's general assets."
Plaintiff Jo Bennett is suing on behalf of all participants and beneficiaries of the firm's retirement and savings plan, numbering in the hundreds, alleging violations under the federal Employee Retirement Income Security Act.
#schnader-harrison-segal--lewis #class-action-lawsuit #pension-plan #employee-contributions #fiduciary-misconduct
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