Investment Scam Victims Include 403(b) Participants
A Texas state district judge approved the start of a claims process for Texans who invested with a Houston company accused of scamming retired teachers, state workers, and...
Tag: Participant Lawsuits
7th Circuit Panel Limits Ruling’s 404(c) Effects
Faced with pressure to take another look at its February 2009 decision in a widely watched 401(k) excessive fee case, a federal appellate court has turned down the...
Judge Says Motorola Didn’t Breach Fiduciary Duties
The U.S. District Court for the Northern District of Illinois ruled that Motorola Inc. and fiduciaries of its 401(k) plan did not breach their fiduciary duties under the...
Court Dismisses Aetna Securities Fraud Suit
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...
Participants in Company Stock Suit Fail To Get Class Certification
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...
Remaining JPMorgan Cash Balance Suits Settle
Class-action law firm Keller Rohrback L.L.P on Tuesday announced the settlement of a 2006 challenge to the JPMorgan cash balance plan.
IMHO: “Second″ Opinion
ERISA’s 404(c) has long been held out by some as something of a magic talisman.
IMHO: “Winning″ Ways?
We got another verdict on those infamous revenue-sharing lawsuits last week.
Focus on Plan Fees and Revenue Sharing to Continue
Retirement plan advisers can anticipate a continued focus on fee transparency in the coming months.