Tag: retirement plan litigation

The complaint claims participants overpaid millions of dollars to Xerox’s recordkeeper from 2015 through 2021.

The text of the lawsuit notes the fast pace of the filing of excessive fee lawsuits against retirement plans operated...

Among other allegations, the complaint says defendants continued to offer certain investment options despite the availability of identical or similar investment...

An amicus brief filed in a case involving Universal Health Services says a district court erred when it found the...

The proposed class of plaintiffs alleges Citgo is using mortality assumptions that are at least 50 years out of date...

A judge left until later the issue of whether passively managed funds and actively managed funds are proper comparators.

Plan sponsors also brought D&I efforts to retirement plans and lawmakers continued to introduce retirement plan legislation, according to Janus Henderson Investors’ DC trends webinar.

The district court ruling in the case, now backed by an appeals court, stands out for having been filed alongside...

The suit says the solution directed participant contributions into high-cost investments.

The appeals court has technically affirmed, vacated and reversed parts of a district court ruling that granted summary judgement against...

The lawsuit challenges the company's use of an active TDF suite in its 401(k) plan, among other things.

A previous court decision left only one claim in the lawsuit, which was related to fee disclosures.

The settlement includes a stipulation to perform a recordkeeper RFP.

The complaint alleges that the plaintiff met the test for employee status per prior case law, but Yum misclassified him...

The Land O’Lakes defendants’ motion to dismiss the suit based on a lack of subject matter jurisdiction and failure to...

The plaintiffs in the case say that when the plan switched to cheaper share class TDFs, participant accounts should have been ‘repaired.’

The plaintiffs wanted an appellate court to decide whether a plan amendment requiring the use of T. Rowe Price funds...

After reviewing a decision in an ERISA lawsuit against Banner Health, the 10th Circuit also found no reason to order...

The review could clarify what qualifies as a plausible claim for relief in DC plan excessive fee suits.

The settlement agreement also calls for continued fiduciary training for trustees and continued use of an unaffiliated investment consultant.