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First-of-Its-Kind Lawsuit Filed Against Cushman & Wakefield for Failure to Protect Employee 401(k) Plan from Climate-Related Financial Risks
Cohen Milstein
A former Cushman & Wakefield employee filed a first-of-its kind ERISA class-action alleging the company failed to protect workers’ 401(k) savings from material climate-related financial risks. If successful, the lawsuit could set a precedent, shifting how risk is managed across the entire $12 trillion U.S. retirement market.
Neb. Bank Reaches $2.4M Deal To Settle MOVEit Breach Suit
Law360
Cushman & Wakefield Ignored 401(k) Climate Risks, Suit Says
Law360
Deloitte’s $34 Million Nuclear Investor Settlement Is Finalized
Bloomberg Law