Legal Question in Employment Law in California

A 4 year old 401k contribution being asked to be returned

My Brokerage firm has contacted me, on behalf of a past Employer, to state that there was an error made to my contribution cash out from 4 years ago and is requesting a portion of it to be returned. They are asking me to send a Money Order. Am I responsible for this error and is there a market calculation based on the current market losses that they should be abiding by as well?

If I do not return it, what then?


Asked on 4/16/09, 2:53 pm

1 Answer from Attorneys
Daniel Bakondi The Law Office of Daniel Bakondi

Re: A 4 year old 401k contribution being asked to be returned

You may email my office to discuss.

Best,

Daniel Bakondi, Esq.

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Answered on 4/16/09, 8:20 pm


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