PPL Faces the Heat in $8.2M 401(k) Suit Deal: Final Approval Motion Lands in Federal Court

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What Comes Next?

Judge Perez, who granted preliminary approval of the settlement back in April, now holds the gavel over whether this deal can finally put the matter to rest. If approved, the settlement will mark a significant resolution for PPL employees and a cautionary tale for corporate America about the high cost of retirement plan mismanagement.

As fiduciary scrutiny continues to intensify nationwide, this case underscores that workers aren’t just watching their portfolios—they’re ready to fight for them.