Thread regarding Dell Inc. layoffs

Investigation/Class Action

Has anyone seen this? Seems to be about 401k...

https://bivens.plaintip.com/index.php/dell/?li_fat_id=89d5996e-1b7c-48c6-8e50-b92ed86a0e74

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| 3151 views | | 21 replies (last April 14, 2025) | Reply
Post ID: @OP+1vImbbCc

21 replies (most recent on top)

They are looking for specific stocks that were invested in with the 401k

  • US Small/Mid Cap Equity Fund
  • Emerging Markes Equity Fund

PMP 2015 Fund
PMP 2025 Fund
PMP 2035 Fund
PMP 2045 Fund
PMP 2055 Fund
PMP 2065 Fund
If you have those when looking at the 401k investment, then you can participate.

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Post ID: @kk0+1vImbbCc

Any updates on this lawsuit?

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Post ID: @gav+1vImbbCc

They cancelled the call earlier this morning stating they are "no longer searching for class action representatives".

Whether that means they've dropped the case or have enough lined, I don't know.

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Post ID: @dmln+1vImbbCc

Any updates?

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Post ID: @cwpd+1vImbbCc

Appears legit. Most likely has to do with how our match was provided. I believe it was based on Dell stock, which could be manipulated.

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Post ID: @4tps+1vImbbCc

/shrug

I signed up for it. Have a 15-minute phone call scheduled for the 10th. I'll find out more info then.

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Post ID: @4wvz+1vImbbCc

all I know is this the first few that jump on tend to make the most money.

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Post ID: @3zoi+1vImbbCc

why doesn't someone who has ben laid off let us know what this is about. For us still there, we would probably be fired, not laid off, for participating. It would be nice to know the deals.

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Post ID: @3yrn+1vImbbCc

Better call Saul

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Post ID: @3qpb+1vImbbCc

dont be too quick to dismiss this. Look at the lawyer online. This guy was once President of the Arizona state Bar association. Three years voted lawyer of the year for financial and banking litigation. Among other issues at dell, He's investigating the 401K plan 2017-2023.

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Post ID: @3iyr+1vImbbCc

Details, details, details????
Class action for what?
What is it exactly you suspect happened?
Sounds like you signed up for a big witch hunt.

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Post ID: @2rwn+1vImbbCc

I hope this email finds you well!

I would like to follow up with you regarding the form you completed for the investigation we have into Dell Technologies. By serving as a class representative, you may be entitled to thousands of dollars in compensation.

Alternatively, please let me know if you are no longer interested in participating in this lawsuit.
I look forward to hearing from you.

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Post ID: @1wtd+1vImbbCc

I agree when they switched from Fidelity funds to one using now the performance wasn’t right.

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Post ID: @1gkz+1vImbbCc

There fund offerings were fishy. They didn’t perform like indexes(ie SP500etc).

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Post ID: @1ppp+1vImbbCc

Sounds life a fishing expedition to me.
Investigation? Dell didn't control fidelity....
I'll wait to hear from more than one source...

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Post ID: @1hkg+1vImbbCc

Sounds like a great way to end up on the next WFR list.

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Post ID: @1ebi+1vImbbCc

Doesn’t anyone worry about retribution?

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Post ID: @1ekw+1vImbbCc

let's get what is ours and this should go viral.

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Post ID: @1ryv+1vImbbCc

I signed up. Curious to see what the issue was.. I felt the last few years my 401k was lower than it should have been.. wonder wonder if dell did something on purpose to cause lower performance?

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Post ID: @1mwn+1vImbbCc

Who cares about the details. I'm filling out the form now. Every penny I can squeeze from this company, I'm going for it.

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Post ID: @1lmd+1vImbbCc

What are the details?

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Post ID: @ebm+1vImbbCc

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