Thread regarding Capital One layoffs

I haven't worked at C1 in seven years

I keep getting an notification in the mail of some settlement that I was unknowingly a beneficiary between 2018-2026.
I got a similar notification from another competitor and then was sent a check for $20.00.
I'm not expecting anything from C1, but does anyone know what these notices are about?


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Post ID: @OP+1kkhsw79n

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"Capital One has agreed to a $9.6 million class action settlement to resolve allegations of improper management of employee retirement savings accounts, specifically regarding the misuse of 401(k) forfeitures to fund employer contributions instead of paying administrative expenses, violating ERISA" https://www.classaction.org/media/capital-one-erisa-settlement_1.pdf

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