Tag: ERISA

The Department of Labor’s proposed rule would have expanded the definition of a fiduciary for retirement investors, including rollovers from...

Plaintiffs accused AT&T of using 401(k) plan forfeitures to offset company contributions, but the judge ruled that AT&T’s actions followed decades...

A federal court’s narrow reading of ‘bonus’ pay—and the DOL’s sharply different view—could reshape how Wall Street structures deferred compensation.

Rick Case Enterprises Inc. allegedly mishandled its service provider conversion to Principal Financial Group from Empower Retirement, but neither recordkeeper...

Fidelity is accused of creating a conflict of interest by having its affiliates serve as trustee and investment advisers to...

A federal judge dismissed a complaint accusing WPP Group USA of misusing employee forfeitures to offset company costs rather than...

Pooled employer plans could be the next big target in ERISA litigation, according to Jamie Fleckner, an ERISA defense attorney...

The settlement will cover more than 6,000 current and former participants of the Hess Corp. Employees’ Savings Plan.

The plan’s custom benchmark failed to properly track the investments, which underperformed similar funds, according to the plaintiffs.

Retirees accused Northrop Grumman Corp. of allegedly misinforming pension participants about their promised benefits.

The Supreme Court will take up the case's main outcome, after already ruling on a separate part of the case...

Hiring 3(38) investment managers can reduce employers’ exposure to claims tied to investment performance, but they still need to be...

A judge in Pennsylvania wrote that plaintiffs lack standing to sue Allegheny Technologies over a transfer of $1.5 billion in pension...

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...