Sources hopeful for Congressional action say arguments about saving union pensions should be linked to the broader social and economic challenges facing the U.S. and its labor force.
The lawsuit claims the trustee allowed an unauthorized person to take a distribution from a participant’s account and that the trustee is refusing to provide information to help...
A district court has rejected dueling summary judgment motions filed by the plaintiffs and defendants in an ERISA self-dealing lawsuit involving BlackRock.
DST Systems and Ruane, Cunniff & Goldfarb have agreed to settle a lawsuit regarding investments in the DST Systems Inc. profit sharing and 401(k) plans.
The lawsuit says VALIC engaged in a prohibited transaction, as well as self-dealing, in violation of ERISA when surrender fees were charged during the transfer of assets to...
The appeal asks whether an earlier Supreme Court ruling means ESOP fiduciaries are effectively immune from duty-of-prudence liability for the failure to publicly disclose potentially damaging inside information.