Judge sides with UWM in tossing employees' 401(k) lawsuit
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BREAKING — A federal judge has sided with United Wholesale Mortgage in dismissing a lawsuit brought by former employees who claimed the company's management of their 401(k) retirement plan cost them a collective $1.8 million, National Mortgage News reported. The ruling found that UWM did not violate the law in its handling of the plan, ending the workers' effort to recover losses they attributed to the lender's investment decisions and fees.
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Source: National Mortgage News, “Judge sides with UWM in tossing employees' 401(k) lawsuit”. Read the original →
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