ADP

Newark, NJ — A group of over 50,000 participants in the Automatic Data Processing Inc. (ADP) 401(k) retirement plan recently faced a setback in their class-action lawsuit against the human resources management software company. The plaintiffs had hoped to challenge what they deemed to be undue and excessive management fees levied on their retirement investments via a jury trial. However, their request was denied on grounds that their case seeks what is legally categorized as an “equitable remedy.” The decision was handed down by Magistrate Judge José R. Almonte of the U.S. District Court for … Read more