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Violation Tracker Individual Record

Company: LinkedIn Corporation
Current Parent CompanyMicrosoft
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $6,750,000
Year: 2023
Date: December 13, 2023
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: LinkedIn agreed to pay over $6 million to settle litigation alleging it mismanaged its employee 401(k) plan.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 5:20-cv-05704
Case Name: Bailey et al v. LinkedIn Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Washington
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: software
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.