Administration | July 31st, 2023 Former HR Head Sues Investment Manager Alleging Retirement Plan Breaches The former director of human resources at alternatives specialist Weiss-Multi-Strategy Advisers has sued the company, adviser subsidiary and retirement plan...
Compliance | July 26th, 2023 Mitsubishi Chemical Group Sued by Former Worker The manufacturer was targeted for alleged fiduciary breaches in the management, operation and administration of the plan, according to the...
Compliance | July 7th, 2023 District Court Rejects Class Certification in Remanded Case Against TIAA The proposed class of participants in Washington University in St. Louis retirement plans was rejected by the same judge who...
Compliance | June 16th, 2023 Lawsuit Targets California Medical Center 403(b) Plan A former employee of Cedars-Sinai Medical Center alleges onerous plan fees and under-performing funds.
Compliance | May 18th, 2023 Hankey Group ESOP Sued in Attempt to Capitalize on COVID-19’s Economic Effects A former ESOP participant claims fiduciaries created conditions forcing the sale of participants’ assets by attempting to take advantage of...
Compliance | May 11th, 2023 University of Vermont Medical Center Plan Sued for ERISA Breaches The university medical center’s retirement plan failed to disclose revenue sharing or float income and caused workers to pay excessive...
Compliance | April 28th, 2023 Federal Judge Dismisses Complaint Against HR Company TriNet The 2020 ERISA retirement lawsuit alleged fiduciary breaches committed by the retirement plan committee.
Compliance | April 27th, 2023 Oilfield Services Company Baker Hughes Faces ERISA Lawsuit A class action complaint filed in Texas alleges fiduciary breaches by the company’s 401(k) plan.
Compliance | April 20th, 2023 Eversource Energy Agrees to Settle 401(k) Lawsuit for $15 Million The settlement from a case brought in 2020 received preliminary approval from a federal judge in Connecticut.
Compliance | April 19th, 2023 Mutual of America Agrees to $2.75 Million 401(k) Lawsuit Settlement Subject to court approval, the retirement plan services and investments provider will pay participants in a class action case who...
Compliance | February 15th, 2023 Lawsuit Against New England Health Care Provider Will Proceed The U.S. District Court in New Hampshire has scheduled a pretrial conference for next month.