Tag: ERISA

The proposed settlement agreement also includes non-monetary terms.

Much of the text of the complaint is dedicated to detailing the reduction in the average fees paid by large...

Allegations in the underlying lawsuit match those included in an emerging class of cases filed against large employers across the United States.

The judge ordered that the case proceed to trial on the merits in the absence of a voluntary resolution of...

In the coming days, the agency will publish related guidance for retirement investors, employee benefit plans and investment advice providers.

The decision means the fiduciary breach lawsuit filed against the Land O’Lakes dairy company will keep churning through the courts—or...

The underlying lawsuit involves claims that plan fiduciaries failed to adequately protect a participant’s account, allegedly resulting in the theft of funds.

The labor secretary nominee spoke proudly of his labor roots and his ties to Boston, while responding to varied questions...

The $800 million retirement plan in question is used by participants dispersed across 65 independent U.S. Coca-Cola bottlers.

Participants of a terminated 403(b) plan say the plan sponsor's fiduciary breaches caused them approximately $4.6 million in losses.

Sources say Marty Walsh’s long-term ties to organized labor will likely be a main topic of discussion at the forthcoming confirmation hearings, but pension issues and retirement security...

For most claims regarding the use of alternative investments in Intel Corp.'s retirement plans, the judge found the plaintiffs didn't...

The settlements include a provision that would bar Secretary of Labor Eugene Scalia from continuing his efforts in a lawsuit he filed regarding the same matter.

Similar complaints have met different fates in the courts, based largely on the degree to which judges feel the preliminary...

The lawsuit alleges that plan fiduciaries selected unproven TDFs for the plan, failed to monitor them and failed to replace...

Emergence of the settlement details comes after the filing of a stay motion in December.

Associated Banc-Corp is also accused of allowing the plan to pay excessive recordkeeping fees to its subsidiary.

The ruling states there are genuine disputes of material facts as to make summary judgement, whether in favor of the plaintiffs or the defense, inappropriate at this time.

The lawsuit said the DST Systems Inc. profit sharing and 401(k) plans were invested too much in Valeant Pharmaceuticals.