Description: A preliminary settlement has been reached in Diaz v. BTG International Inc, regarding alleged violations of ERISA, the Employee Retirement Income Security Act of 1974. The case website will continue to be updated as the administration progresses.
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If you were a beneficiary or participant in the BTG International Inc., Profit Sharing 401(k) Plan between April 17, 2013 and November 20, 2018, you may be entitled to compensation.
The Final Fairness Hearing happened on January 21, 2021 at 10:00 a.m. and was conducted by remote video. Please see the Judgment from the Court for more details.
This litigation (the “Action”) is a class action in which Named Plaintiffs Ramon Diaz and Candace Agate allege that the Defendants breached fiduciary duties owed to the participants in and beneficiaries of the BTG International, Inc., Profit Sharing 401(k) Plan (the “Plan”) under the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1001, et seq. (“ERISA”) by, among other things, failing to attempt to reduce the Plan’s expenses or exercise appropriate judgment to scrutinize each investment option