Agreeing With Hutchins, Judge Dismisses ERISA Forfeiture Suit With Leave To Amend

( December 20, 2024, 11:25 AM EST) -- NEWARK, N.J. — Repeatedly citing Hutchins v. HP Inc. and noting that the parties “seem to agree” that the retirement plan terms permitted the challenged allocation, a New Jersey federal judge on Dec. 19 dismissed a lawsuit over use of forfeited nonvested retirement plan contributions with leave to amend within 30 days....

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