Northrop Grumman Mishandled Benefits Plan, Ex-Workers Say

Northrop Grumman Mishandled Benefits Plan, Ex-Workers Say <https://www.law360.com/governmentcontracts/articles/2309171?nl_pk=0fbf612f-d3d4-4f23-be83-c6e8ec50df7e&utm_source=newsletter&utm_medium=email&utm_campaign=governmentcontracts&utm_content=2025-03-12&read_main=1&nlsidx=0&nlaidx=8> 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. Complaint attached | Read full article » <https://www.law360.com/governmentcontracts/articles/2309171?nl_pk=0fbf612f-d3d4-4f23-be83-c6e8ec50df7e&utm_source=newsletter&utm_medium=email&utm_campaign=governmentcontracts&utm_content=2025-03-12&read_more=1&nlsidx=0&nlaidx=8> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/2309171?nl_pk=0fbf612f-d3d4-4f23-be83-c6e8ec50df7e&utm_source=newsletter&utm_medium=email&utm_campaign=governmentcontracts&utm_content=2025-03-12&read_later=1&nlsidx=0&nlaidx=8>
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Gunnar Larson