ERISA Lawsuit Filed Against Ventura Foods

An Employee Retirement Income Security Act class action suit was brought against Ventura Foods LLC, a Brea, California-based food production and pr...

January 5, 2023
9:02 AM

An Employee Retirement Income Security Act class action suit was brought against Ventura Foods LLC, a Brea, California-based food production and processing firm, in the U.S. District Court for the Central District of California by a current Ventura employee. The case is called Jim Gramstad vs. Ventura Foods, LLC.The lawsuit, filed on December 21, 2022, alleges that Ventura overpaid its recordkeeper by allowing variable indirect fees to grow unreasonably high.Recordkeepers can be paid directly or through revenue sharing.

Paul Mulholland