Eversource Energy Service Co. Settlement: Scam Or Legit?
Did you receive the Eversource Energy Service Co. settlement email? It is not a scam. You received the mail because you filed a claim.
In case you’ve forgotten, Eversource Energy Co. has reached a settlement of $15 million in a class action lawsuit aimed at resolving allegations of charging excessive fees and making costly investments with employee 401(k) funds.
Who Is Eligible For The Eversource Energy Service Settlement?
The settlement provides benefits to individuals who were participants in the Eversource 401(k) plan starting from June 30, 2014, up to and including April 27, 2023.
According to the accounts of participants in Eversource’s 401(k) plan, the company allegedly breached its fiduciary responsibilities as outlined in the Employee Retirement Income Security Act (ERISA).
How Much Is The Settlement?
As part of the settlement, individuals who are part of the class can receive a cash payment. However, The specific amount awarded to each person will be decided based on an allocation plan that has been approved by the court.
How To File A Claim
If you want to get a settlement payment. Make sure to fill out a valid claim form by Aug. 25, 2023. That’s the deadline, so don’t miss it!
If you are eligible for the claim click here
Conclusion
In conclusion Garthwait, et al. v. Eversource Energy Service Co., et al., Case No.: 3:20-cv-00902-JCH class action lawsuit is not a scam. Just like Transact FCRA lawsuit settlement, Eversource Energy Service Co. has reached a settlement of $15 million in a class action lawsuit aimed at resolving allegations of charging excessive fees and making costly investments with employee 401(k) funds.
