Clean Harbors’ $395,000 Retirement Plan Deal Gets Final Approval

December 17, 2024, 4:22 PM UTC

Clean Harbors Environmental Services Inc. finalized a $395,000 class settlement benefiting employees who said the waste management company mishandled their retirement plan.

The settlement, which is expected to benefit about 18,000 people covered by the Clean Harbors 401(k) plan since April 2016, reflects about 10% of the alleged plan losses sought during the parties’ mediation process, according to the settlement motion. It received final court approval from Judge George A. O’Toole Jr. in an order docketed Monday in the US District Court for the District of Massachusetts.

  • The lawsuit said Clean Harbors filled its $813 million retirement plan with ...

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