A court dismissed a securities fraud suit accusing executives at health insurance giant Aetna Inc. of making false statements about the company's “disciplined″ pricing strategies to drive up the company's stock price in order to cash in $61 million in stock.
Tag: Participant Lawsuits
A court ruled that participants in the First American Corp. 401(k) plan cannot be certified as a class for purposes of a suit questioning the appropriateness of maintaining company stock as an investment choice in the plan.
Class-action law firm Keller Rohrback L.L.P on Tuesday announced the settlement of a 2006 challenge to the JPMorgan cash balance plan.
ERISA’s 404(c) has long been held out by some as something of a magic talisman.
We got another verdict on those infamous revenue-sharing lawsuits last week.
Are your plans the next targets?
The Supreme Court’s recent 401(k) ruling should be a warning.
Retirement plan advisers can anticipate a continued focus on fee transparency in the coming months.