Tag: 401(k) litigation

The 4th Circuit Court of Appeals will consider Genworth’s argument against class certification previously granted by a district court. 

A federal judge granted class action status to participants invested BlackRock LifePath Index Funds, in contrast to numerous dismissals for...

A series of lawsuits have challenged how plan sponsors have used plan forfeitures to reduce employer contributions.

Plaintiffs seek class status in case that alleges South Carolina-based firm permitted excessive fees on the $1.2 billion plan.

The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...

The company's motion defends the plan's actions, stating that the committee followed IRS guidance and outlined its use of forfeitures...

Mercer experts identified a variety of trends impacting defined contribution plans, including new types of lawsuits, high interest rates and...

Plan fiduciaries were accused of fiduciary breaches for using plan forfeitures to offset future employer contributions, but ERISA experts would...

The plaintiff responds to an American Airlines motion to dismiss by alleging he was, in fact, defaulted into ESG-related funds...

Mid-year report finds there were fewer cases filed, as plaintiff law firms catch up on those they brought in 2022,...

The airline points out in a motion to dismiss that the ESG-related funds in question were only available through the...

Defense and plaintiff attorneys offer strikingly different accounts of the systemic issues haunting the ERISA litigation space.

Experts in a recent PLANSPONSOR webinar reviewed recent retirement plan litigation and what lessons plan sponsors can from cases and...

The tool leverages a 401(k) database to hone in on the often complex fee structure associated with retirement plans.

The complaint states that Gucci America was “particularly egregious” in regards to offering proprietary funds from its service provider Transamerica.