HP Inc. Gets Amended ERISA Forfeiture Suit Tossed With Prejudice In Federal Court

( February 7, 2025, 11:56 AM EST) -- SAN JOSE, Calif. — One of the first companies to face an Employee Retirement Income Security Act lawsuit for allegedly not putting forfeited nonvested matching retirement contributions toward administrative expenses got the amended complaint dismissed with prejudice; the California federal judge said in part that “the same categorical rule implicit in Plaintiff’s initial Complaint pervades the revised pleading” and “flies in the face of decades of ERISA practice.”...