ConocoPhillips Wins Transfer Of Retirees' 401(k) Suit To Texas

By Kellie Mejdrich (February 13, 2024, 4:38 PM EST) -- An Oklahoma federal judge transferred to Texas a proposed class action from ConocoPhillips retirees alleging they lost more than $260 million when the company sunk their investment savings into the stock of a company ConocoPhillips spun off in 2012, given a forum selection clause in the 401(k) plan documents....

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