Novitex settlements

Novitex is the plan sponsor named in the Sandoval 401(k) ERISA class action settlement, which concerned the Novitex retirement savings plan. Participants in the Novitex Plan from January 1, 2014 through December 31, 2018, as well as beneficiaries and alternate payees of those participants, were eligible to receive a share of the settlement after deductions for fees and administration costs. The claim deadline for this Novitex settlement has passed; see the official record for current status.

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1 published record

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Sandoval401k

Participants in the Novitex Enterprise Solutions Retirement Savings Plan settled an ERISA lawsuit alleging the plan's overseers failed in their fiduciary duties. Novitex and related defendants agreed to pay $750,000 to the class, split among affected plan participants after fees and administrative costs. The claim-filing window closed in 2021.

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Closed

Aug 24, 2021

Claim window closed Evidence-verified

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