Serco 401(k) $ 1.2 Million Settlement Preliminarily Approved

January 2023 | News

On February 22, 2021, a court from the Eastern District of Virginia preliminarily approved a $1.2 million class action settlement of claims brought by a firm client against the administrator of the Serco, Inc. 401(k) Retirement Plan. The claims alleged that the 401(k) Plan was mismanaged, causing losses to the Plan. A copy of the Order preliminarily approving the settlement is here:

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