- August 18, 2010 Update Newby V.S. Enron 401K settlement
February 25, 2010 From HRNews Online
Update on Newby versus Enron settlement
Feb 18, 2010
Enron Savings Plan from Newby Settlement
click on PDF
HRCS-818254 Rev. 6/4/09 GENERAL INFORMATION ON ENRON CLASS ACTION LAWSUITS
Below please find some information for retirees and
employees who suffered losses to their 401(k) due to the Enron
bankruptcy and are interested in finding the latest developments on
the various class action lawsuits. Unfortunately, PGE is rarely
contacted directly by the administrators of the lawsuits with any
updates. Often the only way PGE learns of developments is from
employees and retirees who have received notification. With the
variability of information being shared to individuals that may be
affected and the number of class actions suits occurring, we suggest
the best way to keep abreast of the most up-to-date information is to
do the following:
Make sure your address
is up to date. To
help ensure that you are contacted in a timely manner, make sure your
address is up to date with Enron. You can easily do this by accessing
the Web site
. To change your
address, select the link at the top of the page "For Employees" then
click on the "Benefit Address Change Form" link on the second row of
links on the Web page.
Access the Web sites
listed below. These
sites contain a wealth of information. You may find many of the
answers to your questions in "Question and Answer" or "FAQ" pages.
Also, most of the sites have contact information, such as e-mail
addresses or phone numbers for the parties who are managing the class
action suits so that you may contact them directly with your
questions. PGE is not aware of any timing of upcoming settlements and
does not have access to your settlement information.
We hope you find this information helpful and
encourage you to keep it handy for future reference.
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