Slide 1
Slide 2
Slide 3
Slide 5
Slide 4
Slide 6
Slide 7
Slide 8
Slide 9
Slide 10
Slide 11
Slide 12
Slide 13
Slide 14
Slide 16
Slide 17
Slide 18
Slide 19
Slide 20
Slide 21
Slide 23
Slide 24
Slide 24
Slide 25
Slide 26
Slide 27
Slide 28
Slide 29
Slide 30
Slide 31
Slide 32
Slide 33
Slide 34
Slide 35
Slide 36
Slide 37
Slide 38
Slide 39
Slide 40
Slide 41
Slide 42
Slide 43
Slide 44
Slide 45
Slide 46
Slide 47
Slide 48
Slide 49
Slide 50
Slide 51
Slide 52
Slide 53
Slide 54
Slide 54
Slide 55
Slide 56
Slide 57
Slide 58
Slide 58
Slide 59
Slide 59
Slide 60
Slide 61
Slide 61
Slide 62
Slide 63

Ricoh Settles Two 401(k) Lawsuits Amid Allegations of Employee Fund Mismanagement.

Toner News Mobile › Forums › Toner News Main Forums › Ricoh Settles Two 401(k) Lawsuits Amid Allegations of Employee Fund Mismanagement.

Tonernews.com, November 14, 2025. USA
  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #711737

    toner
    Keymaster

    Ricoh USA Inc. has reached settlements in two legal cases involving its 401(k) retirement plan. The lawsuits, filed in Pennsylvania federal court, accused the company of mishandling employee retirement funds in violation of federal regulations.

    The first case involved claims that Ricoh improperly forfeited employees’ vested 401(k) balances, potentially denying them funds they were entitled to after leaving the company. The second lawsuit alleged that Ricoh’s 401(k) plan charged excessive fees, leading to unnecessary reductions in employees’ retirement savings.

    In both cases, Ricoh agreed to settlements designed to resolve the disputes without going to trial. The terms of the settlements, which still need approval from federal judges, could include financial compensation for affected employees and changes to the company’s retirement plan management practices. These settlements underscore the ongoing scrutiny of corporate 401(k) plans and their fiduciary responsibility to employees. Companies are required to manage employee retirement funds in the best interest of participants, and failure to do so can result in costly legal challenges.

  • Author
    November 14, 2025 at 10:51 AM
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.