Court: No Need to Question 14,000+ 401(k) Class Action Participants
October 10, 2007 (PLANSPONSOR.com) - Efforts by a health care products manufacturer to get details from more than 14,000 401(k)...
Tag: Company Stock
Macy's Faces Company Stock Lawsuit
October 4, 2007 (PLANSPONSOR.com) - A participant in the Macy's Inc. Profit Sharing 401(k) Investment Plan has filed suit against...
Bad Corporate News Not Dire Enough to Dump Company Stock
September 27, 2007 (PLANSPONSOR.com) - The U.S 3rd Circuit Court of Appeals ruled that a communications networks company did not...
Benefits |
Wal-Mart Shakes Up 2008 Health Care Benefits
September 18, 2007 (PLANSPONSOR.com) - Wal-Mart has made some significant changes to its health care benefits this year, including an...
Court Rejects Sentence with no Jail Time for Former Wal-Mart COO
August 28, 2007 (PLANSPONSOR.com) - The 8th U.S. Circuit Court of Appeals has thrown out the reduced sentence of Wal-Mart...
Securities Filings References in SPDs can Support Fiduciary Breach Suits
August 20, 2007 (PLANSPONSOR.com) - While corporate financial disclosures may only be required under federal securities law, a plan sponsor...
Court Says Cashed-Out Participant Can Pursue Fiduciary Breach Claim
August 16, 2007 (PLANSPONSOR.com) - The 6th U.S. Circuit Court of Appeals has reversed a district court ruling denying class...
DoL Sets Co. Stock Notice Violation Penalty Rule
August 9, 2007 (PLANSPONSOR.com) - Federal regulators have released a final rule giving the government the ability to fine plan...
Benefits |
PD2007: Defending Against Company Stock Lawsuits
CHICAGO - Plans with company stock as an investment option have always been high on the target list for plaintiffs'...
ERISA Preempts New York Health Care Law Targeting Wal-Mart
July 18, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of New York has ruled that the...
Pension Fund Stock Suit against Coke Generates $1.3B Damage Estimate
July 2, 2007 (PLANSPONSOR.com) - A finance professor retained by a pension fund as an expert in its company stock...
Benefits |
Former MA Wal-Mart Worker Wins nearly $2M Jury Award
June 22, 2007 (PLANSPONSOR.COM) - A female Wal-Mart employee walked away from a Massachusetts state court with a jury award...
Two Firms Face ERISA Suits over Stock Plan Administration
June 22, 2007 (PLANSPONSOR.com) - Law firms have announced investigations into possible fiduciary breaches under the Employee Retirement Income Security...
Garden State Class Action against Wal-Mart Reinstated
May 31, 2007 (PLANSPONSOR.com) - The issue of whether retailing giant Wal-Mart systematically discriminated against New Jersey employees by not...
War Stories: May 2007
May 31, 2007 (PLANSPONSOR.com) - The issue of whether retailing giant Wal-Mart systematically discriminated against New Jersey employees by not...
Benefits |
RadioShack Slapped with Co. Stock Fiduciary Breach Lawsuit
May 15, 2007 (PLANSPONSOR.com) - Electronics retailer RadioShack has been hit with an Employee Retirement Income Security Act (ERISA) fiduciary...
ERISA's Anti-Cutback Rule Bars Elimination of 401(k) Put Option
May 3, 2007 (PLANSPONSOR.com) - A federal judge in Hawaii has ruled that a California-based infrastructure design company violated the...
Beazer 401(k) Participants Sue Over Sub-Prime Mortgage Losses
May 1, 2007 (PLANSPONSOR.com) - The pension plan participants of an Atlanta home builder, whose mortgage subsidiary was involved in...
Benefits |
Fremont Employees File Suit Over ESOP and Retirement Plan Losses
April 27, 2007 (PLANSPONSOR.COM) - Employees of Fremont General Corp. are suing the mortgage lender on charges that nine company...
Employer Stock Fund Participant Must Have "Vested Benefits" for Fiduciary Breach Suit
April 26, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of Michigan said a former ProQuest employee...