Broad ERISA Lawsuit Targets Texas Grocery Chain

Sep 06, 2019 - Plan Sponsor

Plaintiffs have filed a new proposed class action Employee Retirement Income Security Act (ERISA) complaint in the U.S. District Court for the Western District of Texas, San Antonio Division.

Their fiduciary breach suit is filed on behalf of the H-E-B Savings and Retirement Plan, naming as defendants some 20 John and Jane Does, along with the H.E. Butt Grocery Company and the retirement plan investment and administration committees.

The complaint contains an extensive amount of gene...