Tag: ERISA

A district judge in New York will decide the next steps in the case alleging excessive recordkeeping fees in Cornell...

Former employees allege that Duke University chose not to use forfeited funds to reduce retirement plan expenses, even though contributions...

Common interest agreements between legal firms and the Department of Labor have attracted prior criticism but they are less likely...

Many logistical issues remain for the pilot program that will open $1,000 investment accounts for newborn U.S. citizens.

A judge ruled that plaintiffs showed enough evidence of alleged ERISA violations resulting from the company offloading pension obligations to...

Like similar cases, Capital One was accused of mismanaging its 401(k) plan by using plan forfeitures to reduce contributions.

The lawsuit alleged that General Electric and related fiduciaries violated the Employee Retirement Income Security Act when they selected Athene...

Plaintiffs allege that GWA’s 401(k) strategy was extremely risky and egregious, and its retirement plan was 100% invested in its...

The Department of Labor decided that Morgan Stanley's deferred compensation program is a bonus, rather than a pension plan subject...

IBM allegedly jeopardized the retirement security of more than 132,000 former workers by offloading billions of dollars in two pension...

Attorneys from the AARP Foundation are co-counsel in a lawsuit that claims TIAA invested plan participants’ retirement funds in a...

Plaintiffs allege that Weyerhaeuser improperly transferred $1.5 billion in pension liabilities from its pension plan by purchasing annuity contracts.

A district court judge in Georgia ruled that Home Depot’s use of forfeited funds aligned with the retirement plan’s terms.

Motor carrier holding company Knight-Swift is settling two ERISA complaints while RTX Corporation faces charges of breaching fiduciary duties.

A day after a federal district court dismissed a 401(k)-plan forfeiture complaint suit against plan sponsor Honeywell International, plaintiffs appealed...

The appellate court reversed part of a district court’s dismissal, allowing part of the complaint to proceed in light of...

Two federal courts reached different decisions in separate complaints that accused large employers of mismanaging employee retirement plans.

The complaint alleges that Empower Advisory Group and its affiliates misled retirement plan participants into transferring savings into high-fee investment...

U.S. District Judge Max Cogburn Jr. rejected Bank of America’s argument that its decisions were made in a “settlor capacity”...

The government contractors are facing excessive-fee allegations, but a federal judge dismissed complaints about their improper use of forfeitures.