Tag: 401(k) lawsuits

Although claims about misuse of plan forfeitures were dismissed, allegations alleging fiduciary breaches by the Novo Nordisk retirement committee related...

The company was accused of using an in-house stable value investment that underperforms competitors.

A federal judge in Virginia dismissed a proposed class action, marking one win for defendants amid a slew of recent...

The court agreed with the district court decision that workers' "damages claims fail."

A federal judge in Pennsylvania decided an an expert witness to the plaintiffs was unreliable, leading to a dismissal of the allegations.

TIAA’s request was denied to dismiss a lawsuit brought against the insurance company for allegedly pushing for participants to use...

The global engineering firm’s $5.1 billion retirement plan committee is sued for defaulting participants into managed accounts plaintiff alleges did...

ESG experts discuss the current regulatory and business landscapes regarding ESG reporting and investing.

The firm was hit with a complaint for allegedly keeping a Fidelity fund without moving to options that were less...

The rise in lawsuits is prompting more sponsors to turn to lower-cost index funds—and could prevent them from offering lifetime income products.