Case Number: No. 8:18-cv-00022
Practice Area: Employee Benefits & ERISA
Case Status: Settled
Settlement Amount: $6.7 million
Court: United States District Court for the District of Nebraska
Berger Montague served as co-lead counsel and obtained a $6.7 million settlement on behalf of current and former Mutual of Omaha employees who participated in Mutual of Omaha’s Retirement Income Plan or a similar retirement plan. Led by Todd S. Collins and Ellen T. Noteware of Berger Montague, the case was litigated in the United States District Court for the District of Nebraska and captioned Lechner, et al. v. Mutual of Omaha Insurance Co., et al., No. 8:18-cv-00022 (D. Neb.).
The plaintiffs alleged that the defendant, Mutual of Omaha Insurance Co., violated the Employee Retirement Income Security Act, 29 U.S.C. § 1000, et seq., (“ERISA”) concerning retirement plans by causing Mutual of Omaha Retirement Income Plan participants to pay excessive, unnecessary fees, or by including unwise and imprudent investment options among the plan options.
If you or your company has been harmed by conduct, including breaches of fiduciary duty, that you believe violates ERISA or state laws, please contact Berger Montague.
About Berger Montague
Berger Montague is a national law firm focusing on complex civil litigation in federal and state courts throughout the United States. For over half a century, Berger Montague has played lead roles in consequential, precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago, Minneapolis, San Diego, San Francisco, Toronto, and Washington, D.C.