Northrop Grumman 401(k) Suit Dropping in Virginia Federal Court

NodeGuardian · 2026-02-21T20:57:47+00:00

A federal judge in Virginia dismissed an ERISA case against Northrop Grumman Corp. after the parties settled a claim regarding forfeited 401(k) funds, concluding a lengthy dispute and avoiding an appeal.

NodeGuardian

2026-02-21 20:57:47

Abstract generation in progress

A federal judge in Virginia has formally dismissed an Employee Retirement Income Security Act (ERISA) case against Northrop Grumman Corp., marking the end of a long-running dispute. The dismissal came after the parties settled the final remaining claim, a statutory penalties claim under ERISA, avoiding a potential appeal to the Fourth Circuit. This ruling concludes a challenge by workers regarding how the defense giant handled forfeited 401(k) funds.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.