A Home Depot store in Atlanta (Photo: Zachary D. Porter/ALM)
Home Depot: “We haven’t seen the suit yet, but we’re proud of the financial support and opportunities for saving that we provide our associates.”
April 12, 2018 at 03:42 PM
1 minute read
Reporter
Atlanta-based Home Depot was hit Thursday with a potential class action lawsuit demanding $140 million in damages over pension fund management.
The complaint filed Thursday in the U.S. District Court for the Northern District of Georgia accused Home Depot of violating basic fiduciary duties under ERISA and abusing its employees’ trust by mismanaging their 401(k) retirement plan.
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