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.
Tag: ERISA
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...
House Education and Workforce Committee Advances 3 Bills
The legislation is intended to prohibit PBM kickbacks, increase transparency in hospital billing and extend Form 5500 disclosure deadline.
SCOTUS Upholds District Court Ruling in Withdrawal Liability Case
The Supreme Court decided that a machinists’ union did not mishandle the calculation of employers’ unfunded vested balances.
District Court Dismisses Stable Value Case Against Equitable
The plaintiff could potentially refile, but a federal judge wrote that current accusations of investing in an underperforming fund were...
Appellate Court Dismisses Forfeited Funds Case Against Wells Fargo
The U.S. 8th Circuit Court of Appeals is the first appellate court to decide whether former employees and plan participants...
Ford Accused of Improper Use of Employees’ 401(k) Savings
Ford retirement plan fiduciaries allegedly used participant assets, rather than company funds, to pay administrative expenses.
Schlichter Bogard Files Suit Over Voluntary Benefits Program Fees
Banner Health and its plan fiduciaries allegedly caused employees with supplemental insurance offerings to pay excessive premiums.
EBSA Head Aronowitz Asks for Industry Input on DOL Investment Rule
The head of the Employee Benefits Security Administration confirmed that the agency is considering additional guidance—particularly on fiduciary ‘duty to...