Evergy settles class action lawsuit over employees’ 401(k) plan

By: Morgan Chilson

Outlets: Kansas Reflector

Published: March 25, 2026

Words: 699

Last Updated: 4 months, 1 week ago

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TOPEKA — Former Evergy employees suing the utility company for failing to properly oversee retirement investments in the company’s 401(k) plan settled their class action lawsuit in an as-yet undisclosed agreement.

Evergy spokeswoman Gina Penzig said Monday in an emailed statement to Kansas Reflector that the settlement and proposed distribution of settlement funds will be reviewed and approved by the court.

“In order to end the significant legal cost and uncertainty of ongoing litigation, …

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