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Thank you for visiting the Touch America ERISA website. Mailing of the class Notice commenced on March 22, 2010.
A settlement has been proposed in this class action lawsuit alleging that the Defendants breached their fiduciary duties under the Employee Income Retirement Securities Act of 1974, commonly referred to as ERISA, in connection with the Plan’s investment in and holdings of MPC stock.
This settlement involves all participants and beneficiaries of The NorthWestern Energy 401k Plan, f/k/a The Montana Power Company 401k Retirement Savings Plan, f/k/a The Montana Power Company and Subsidiaries Employee Retirement Savings Plan, f/k/a The Montana Power Company Deferred Savings and Employee Stock Ownership Plan, who held Montana Power Company or Touch America stock in their Plan accounts at any time during the period from September 12, 1999 through November 1, 2001.
If you would like to view or print case related documents, please click one of the links below:
Proof of Tax-Exempt Qualified Plan
Touch America ERISA Notice of Proposed Settlement of ERISA Class Action
Touch America ERISA Agreement of Compromise and Settlement - ERISA Litigation
Touch America ERISA Unopposed Motion to Approve Settlement
Touch America ERISA Memorandum in Support of Motion to Approve
Plan
Touch America ERISA Order Approving Form and Manner of Notice
Touch America ERISA Order Appointing Administrator
Touch America ERISA Order Appointing Independent Fiduciary
Touch America ERISA Unopposed Motion for Final Approval of Settlement
Touch America ERISA Memorandum in Support of Final Approval
Touch America ERISA Declaration in Support of Final Approval
Touch America ERISA Motion for Approval of Attorneys' Fees, Expenses and Service Awards
Touch America ERISA Memorandum in Support of Approval of Fees, Expenses and Service Awards
In addition, there are two other related cases (Touch America Holdings, Inc. ("Touch America" or "TA") and McGreevey, et al. v. Montana Power Company, et al) that have settled along with this case. For further information regarding these cases, please click on the link below:
The settlements of all three cases were reached on a global basis and, therefore, payment of the funds in this case is contingent upon the approval of all three settlements.
For further case information, please use the following toll-free number: 877-571-8669 or via e-mail at classact@gilardi.com
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