Latest News


June 05, 2017

Amended Excessive Fee Suit Against Chevron Dismissed

U.S. District Judge Phyllis J. Hamilton in the U.S. District Court for the Northern District of California found that for repeated claims the plaintiffs failed to correct the deficiencies in the original compliant identified by the court in its prior order dismissing the suit.

May 30, 2017

Lawsuit Filed for Retirement Plans Using United of Omaha GICs

The lawsuit alleges United of Omaha breached its ERISA duties by improperly exercising its discretionary authority “to maximize its own compensation and retain large profits rather than crediting the participants and beneficiaries of the plans with appropriate returns.”

May 24, 2017

Excessive Fee Lawsuit Filed Against University of Chicago

The university is also accused of approving a TIAA loan program that required excessive collateral as security for repayment of the loan, charged grossly excessive fees for administration of the loan, and violated DOL rules for participant loan programs.