Tag: retirement plan litigation

The question before the high court is, “Whether an agreement to arbitrate ‘all claims’ that an ERISA plan participant ‘may have’ against a plan fiduciary encompasses a breach-of-fiduciary-duty...

Willis Towers Watson offers nine actions for DC plan advisers to help their clients mitigate risks in 2019.

The dismissal of the lawsuit accusing the custodian of making unauthorized 403(b) plan account transfers comes a month after the owners of the plan's recordkeeper were indicted for...

The lawsuit challenges the design and monitoring of the Large Cap Fund in CenturyLink's non-union 401(k) plan.

The U. S. District Court for the District of Kansas has preliminarily approved the settlement.

A lawsuit claims Atrium Health does not meet the definition of governmental entity under ERISA, so its retirement plans do not fall under ERISA's governmental plans exemption.

However, a federal judge gave the firm a win on a claim that its recordkeeping fees were unreasonable.

Speaking to a room of plan sponsors and specialist consultants in Boston, two ERISA litigation experts offered a detailed review of recent action in big-ticket lawsuits impacting employer...

Some 83,000 lawsuits have been filed under the Employee Retirement Income Security Act in federal district court since 2009, according to Lex Machina, a LexisNexis company; fewer than...

Another district court ruling in the matter of Alas vs. AT&T sides in part with the plaintiffs and in part with the defendants, making yet another amended complaint...

The settlement amount is $4.5 million, and the Jackson National defendants admit no wrongdoing.

Putnam Investments has asked for a stay in a case accusing it of self-dealing in its 401(k) plan so it can petition the U.S. Supreme Court regarding whether...

If convicted on all counts, they face up to 81 years in federal prison.

The interim decision is a mixed bag that falls more in favor of the plaintiffs, but it by no means concludes the litigation—not least because plaintiffs have already...

Finding "errors of law" in a district court's decision, the 1st Circuit remanded the duty of prudence claims for review.

The complaint specifically calls out the 11 T. Rowe Price target-date funds (TDFs) offered by the plans, saying they are all adviser or retail class funds—as opposed to...

In addition to self-dealing allegations, the complaint calls out Fidelity for not negotiating revenue sharing refunds for its 401(k) plan participants and not considering stable value options for...

Reliance Trust will pay $4,545,454 back to the plan within 30 days.

SS&C Technologies acquired DST Systems, so the new lawsuit is similar to a previous one against DST for failing to diversify assets in its profit sharing plan.

Once a federal judge dismissed the breach of fiduciary duty claims, she found most defendants were not fiduciaries with respect to the remaining claim.