Dell sued by 5 ex-employees; complaint alleges that the company mismanaged its 401(k) plan

2026-02-05 - 10:05

Five ex-Dell employees are suing the tech giant, alleging its 401(k) plan mismanagement cost workers over $318 million. The lawsuit claims Dell violated federal law by keeping workers in underperforming investment funds while profiting from its own products. This class action seeks to recover losses and reform the retirement plan's operations.