Northrop Grumman Mishandled Benefits Plan, Ex-Workers Say

By Rae Ann Varona

Former Northrop Grumman employees on Tuesday lodged a proposed class action accusing the aerospace and defense giant of mishandling an employee retirement plan's assets, telling a Virginia federal court that the company failed to act in the best interest of the plan's beneficiaries by repeatedly prioritizing offsetting employer contributions to the plan.

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