Franklin Resources ERISA Class Action
Verified September 19, 2026Found via the federal court docketHow ClaimWatch verifies cases
Still being litigated: the claims below are allegations, not findings, and there is no settlement, claim form or payout yet.
Where this case stands
In litigation
The case has been filed and is being fought in court. There is no settlement, no claim form and no payout yet; many class actions are dismissed or never certified.
Pending in the District Court, N.D. California (No. 3:25-cv-06130).
- July 22, 2025Case filed
What happened
A proposed class action against Franklin Resources, Inc. concerning alleged violations of the Employee Retirement Income Security Act (ERISA). The case involves claims related to employee retirement or benefit plans, with employees or plan participants potentially comprising the class.
Do you qualify?
No settlement exists yet, so there is nothing to file and no class definition to check. If the case settles, the settlement will define exactly who qualifies — watch this case and we'll let you know.
How to file
There is no claim to file yet. If this case reaches a settlement, a claim process will open — usually with an official settlement website and a filing deadline.
Common questions
- Can I file a claim in the Franklin Resources ERISA Class Action case?
- No. The case is still being litigated — there is no settlement, no claim form, and no payout. It was filed July 22, 2025 in the District Court, N.D. California (No. 3:25-cv-06130).What a class action lawsuit is →
- Who are the attorneys in the Franklin Resources ERISA Class Action?
- For the plaintiffs: Daniel P. Suitor (Daniel P. Suitor, PLLC); Brock Specht (Nichols Kaster, LLP); Cole Alexander Birkeland (Nichols Kaster, PLLP); Ryan F. Stephan. For Franklin Resources, Inc.: Timothy Mondloch (McDermott Will & Schulte LLP); John Christian Nemeth (McDermott Will & Schulte LLP); Meaghan McLaine VerGow (OMelveny and Myers LLP); Evan Hindman (O'Melveny & Myers LLP). From the public court docket.
Who's involved
Plaintiffs
- Carlyn Gaver
- Shayna DeMedici
- Edmund Ang
Defendants
- John and Jane Does 1-30
- Gallagher Fiduciary Advisors, LLC
- Franklin Templeton 401(k) Retirement Plan Investment Committee
- Franklin Templeton 401(k) Retirement Plan Committee
- Franklin Resources, Inc.
Counsel for plaintiffs
- Daniel P. SuitorDaniel P. Suitor, PLLCRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaverdan@danielsuitor.com · (612) 234-2149
- Brock SpechtNichols Kaster, LLPRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaverbspecht@nka.com · (612) 256-3292
- Cole Alexander BirkelandNichols Kaster, PLLPRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaver2 tracked casescbirkeland@nka.com · (612) 256-3276
- Ryan F. StephanRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaver21 tracked cases · $117.8M in disclosed settlementsrstephan@stephanzouras.com · (312) 233-1550
- Paul J. LukasJackson Lewis PCRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaver4 tracked cases · $85M in disclosed settlementspaul.lukas@jacksonlewis.com · (612) 359-1761
- Donald Wayne BivensDon Bivens, PLLPRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaverdon@donbivens.com · (602) 708-1450
- Catherine Mitchell DuffyRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaver3 tracked casescmitchell@stephanzouras.com · (312) 233-1550
- Matthew C. HellandNichols Kaster, LLPRepresents Edmund Ang, Shayna DeMedici, Carlyn Gaver4 tracked caseshelland@nka.com · (415) 277-7235
Counsel for defendants
- Timothy MondlochMcDermott Will & Schulte LLPRepresents Gallagher Fiduciary Advisors, LLCtmondloch@mcdermottlaw.com · (505) 264-0923
- John Christian NemethMcDermott Will & Schulte LLPRepresents Gallagher Fiduciary Advisors, LLC5 tracked cases · $1M in disclosed settlements defendedjcnemeth@mcdermottlaw.com · (312) 984-3292
- Meaghan McLaine VerGowOMelveny and Myers LLPRepresents Franklin Resources, Inc., Franklin Templeton 401(k) Retirement Plan Committee, Franklin Templeton 401(k) Retirement Plan Investment Committee2 tracked cases · $2M in disclosed settlements defendedmvergow@omm.com · (202) 383-5504
- Evan HindmanO'Melveny & Myers LLPRepresents Franklin Resources, Inc., Franklin Templeton 401(k) Retirement Plan Committee, Franklin Templeton 401(k) Retirement Plan Investment Committee2 tracked casesehindman@omm.com · (415) 984-8700
- Brian David BoyleO'Melveny Myers LLPRepresents Franklin Resources, Inc., Franklin Templeton 401(k) Retirement Plan Committee, Franklin Templeton 401(k) Retirement Plan Investment Committeebboyle@omm.com · (202) 383-5327
- Catalina Joos VergaraO'Melveny and Myers LLPRepresents Franklin Resources, Inc., Franklin Templeton 401(k) Retirement Plan Committee, Franklin Templeton 401(k) Retirement Plan Investment Committee3 tracked casescvergara@omm.com · (213) 430-6000
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From the public court docket, contact details as filed; not an endorsement.
Guides:What is a class action lawsuit?How class membership worksYour options as a class member
Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.
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