DOL Amicus Brief Supports Dismissal of SAS Plan Forfeiture Suit
This is the department’s latest brief supporting employers whose use of forfeited, unvested 401(k) matching contributions has been challenged.
Tag: ERISA
ERIC Files Brief Backing Dismissal of Pepsi’s Tobacco Surcharge Case
The ERISA Industry Committee argues that if a circuit court allows for the case to process, it would discourage the...
Plan Fiduciary Had Alleged Affair With Adviser, Now Faces ERISA Charges
Separate from her divorce proceedings, the plan fiduciary is accused of losing $2 million in investments in her 401(k) and...
Treasury, IRS Hear Case for Trump Account Auto-Enrollment
Speakers at a public hearing argued that reducing enrollment barriers and leveraging state programs could expand access to the new...
Retirement Industry Groups Want Northop Grumman’s Forfeitures Case Dismissed
The amicus brief filed by employer and business groups argues that the company’s retirement plan grants administrators discretion in allocating...
AT&T Seeks to Settle Pension Class-Action Lawsuit for $184M
Pending district court approval, the agreement would conclude an ERISA case accusing the company of reducing pension payments.
DOL, American Benefits Council Back Intel in ERISA Case
Amicus briefs by the Department of Labor and the employer group warned the Supreme Court to not allow lawsuits under...
Intel Urges SCOTUS to Use ‘Apples-to-Apples’ Benchmark in ERISA Case
The company argues that claims of underperformance should be judged against a meaningful, comparable benchmark.
Parsons Corp. Sued for Alleged $28M Losses in 401(k) Plan
The Virginia lawsuit claims that plan fiduciaries kept a Nuveen fund that consistently trailed the S&P 500 for years.
UnitedHealth 401(k) Plan Forfeiture Lawsuit to Continue
The insurer and healthcare company, which is accused of fiduciary breaches, lost a motion in federal court to dismiss a...
Pharmaceutical Trade Group Files Lawsuits to Block State Laws on PBMs
Illinois and Tennessee’s separate laws allegedly interfere with governance by ERISA, according to the Pharmaceutical Care Management Association.
DOL: Most Employer Contributions to Trump Accounts Not Subject to ERISA
The Department of Labor addressed whether employers’ contributions were a workplace benefit, particularly for employees’ children.
Plaintiffs Suing Nationwide Could Lose Class Certification
The insurance company asked an Ohio federal judge to consider a recent appeals court ruling against class status in ERISA...
Employer Groups Seek Class Certification Reversal in Tobacco-Use Surcharge Case
The ruling from the 8th Circuit Court of Appeals could impact a growing wave of ERISA litigation targeting employer wellness...
Reading 45,000 Comments on DOL 401(k) Investment Selection Rule
There is a sharp divide about how far plan fiduciaries should be allowed to go when considering alternative investments.
$23M Settlement Ends MetLife’s Mortality Table Case
Plaintiffs alleged that MetLife had given them fewer benefits after using actuarial tables dating back to the disco era.
Appeals Court Stands by Class Certification Denial in 401(k) Case
The U.S. 4th Circuit Court of Appeals will not rehear Trauernicht v. Genworth, which could impact plaintiffs’ chances for class...
Can DOL Steer Retirement Plan Industry into Safe Harbors?
Industry experts discussed the Department of Labor’s shifting focus from litigation to issuing fiduciary processes during the 2026 PLANSPONSOR National...
DOL Presents 3 Oral Arguments Backing Employers in Forfeiture Cases
Department of Labor attorneys requested that the appeals courts affirm previous decisions to dismiss claims of fiduciary breach under the...
Business Groups Challenge ERISA Class Certification in Amicus Brief
The U.S. Chamber of Commerce and the American Benefits Council claim there was insufficient ‘rigorous analysis’ to justify class certification...