Compliance

The U.S. Department of Labor has subpoenaed Tribune Co. in an investigation connected to the media company's employee stock-ownership plan (ESOP).

A Fairfield, Connecticut, podiatrist has been ordered to restore assets to his firm’s 401(k) plan that were stolen by an investment management firm and to pay a civil...

The top official of a Horsham, Pennsylvania-based medical management consulting firm has been indicted in federal court on charges that he stole employees' retirement contributions.

Already facing a number of lawsuits over subprime mortgage investments, State Street Corp. now has to face an order of nuns in court.

A federal judge in Illinois has ruled that employees challenging the fee levels in Lockheed Martin’s 401(k) plans can proceed as a class action.

A Boston federal court jury turned aside NewRiver’s patent infringement lawsuit against Newkirk.

A leading Congressman on pension issues said today that it would be a “mistake″ to do away with the defined contribution system.

The 401(k) may be “down,″ but the reports of its death are as “exaggerated″ as Mark Twain’s death once was, according to a recent presentation.

A federal judge has given preliminary approval to a proposed $75 million deal to settle claims Merrill Lynch violated its fiduciary responsibilities by keeping company stock in its...

Congressman Dennis Kucinich (D-Ohio) on Monday urged the U.S. Securities and Exchange Commission (SEC) to determine if Merrill Lynch bonuses violated securities laws, according to a news report.

U.S. Congressman Earl Pomeroy (D-North Dakota) has introduced legislation that would make changes to the Saver’s Credit.

A federal judge in New Jersey has approved a $1 million settlement in a long-standing legal battle waged by a group of former Prudential Financial advisers over whether...

The U.S. House, by a voice vote, has passed the Federal Retirement Reform Act of 2009.

Those in Washington are asking fundamental questions about the retirement plan industry—questions that have not been asked in a long time, including “whether what we do works,″ said...

A ruling by a federal judge in the U.S. District Court for the District of Minnesota splits the district on the issue of whether cashed-out retirement plan participants...

The U.S. District Court for the District of New Jersey has refused to issue summary judgment for Merck&Co. on claims the drugmaker breached its fiduciary duties by continuing...

The U.S. Department of Labor (DoL) is suing former National Football League (NFL) player Michael Vick and his former financial advisers alleging violations of federal employee benefits law.

President Barack Obama on Wednesday nominated Phyllis Borzi for the position of assistant secretary of Labor, Employee Benefits Security, to head the Department of Labor's Employee Benefits Security...

A Houston law firm has cast a wide net looking for participants who want to sue their employers for a breach of their fiduciary duty.

The Financial Industry Regulatory Authority (FINRA) said it fined Morgan Stanley&Co. for failing to prevent brokers from violating FINRA rules for IRA rollovers/retirement accounts.