Golden State Jury Hits Wal-Mart with $172M Verdict in Lunch Break Case
December 23, 2005 (PLANSPONSOR.com) - A California state court jury has hit Wal-Mart Stores with a $172 million verdict for...
Tag: Company Stock
Plan Administrator Cleared in Company Stock Loss Lawsuit
November 23, 2005 (PLANSPONSOR.com) - A federal judge in New York has turned away arguments by a plan participant who...
Benefits |
More Illegal Immigrant Problems Face Wal-Mart
November 18, 2005 (PLANSPONSOR.com) - More than 100 workers at a construction site in Pennsylvania for a Wal-Mart distribution center...
Court Clears Independent Fiduciary of ERISA Breach in USAir Case
November 16, 2005 (PLANSPONSOR.com) - A Virginia federal judge has cleared a Washington, DC-based independent fiduciary of a fiduciary breach...
Everett Tapped to Head GMAM
November 4, 2005 (PLANSPONSOR.com) - Nancy Everett, chief investment officer of GM Asset Management Corp., will assume the additional responsibilities...
Westar K Plan Stock Suit Stays Alive
October 6, 2005 (PLANSPONSOR.com) - A Kansas federal judge has cleared the way for a K plan fiduciary breach lawsuit...
Benefits |
First of Many Wal-Mart Suits Goes to Trial
September 20, 2005 (PLANSPONSOR.com) - The first of about 40 cases nationwide against Wal-Mart, alleging workplace violations, has gone to...
Benefits |
Manulife to be Exclusive Provider for Wal-Mart Canada
September 20, 2005 (PLANSPONSOR.com) - Manulife Financial's Canadian Pension Operations has been given the administration and recordkeeping business for the...
Benefits |
Foreign Workers Sue Wal-Mart for Sweatshop Conditions
September 14, 2005 (PLANSPONSOR.com) - Workers of toy and clothing factories in six countries have sued Wal-Mart Stores, Inc., claiming...
Azon Corp. to Restore ESOP Money
September 14, 2005 (PLANSPONSOR.com) - Azon Corp. has agreed to a settlement of $9.35 million for employee stock ownership plan...
Rulings Show Participants Invested in Co. Stock Have Recourse
August 30, 2005 (PLANSPONSOR.com) - Two recent court rulings provide assurance to participants who invest their retirement savings in company...
Recovering Losses For Individual Participants Is Recovery For The Plan
August 26, 2005 (PLANSPONSOR.com) - The US Court of Appeals for the 3rd Circuit has disagreed with a lower court...
Judge Certifies Williams K Plan Company Stock Suit as Class Action
August 24, 2005 (PLANSPONSOR.com) - An Oklahoma federal judge has certified as a class action a lawsuit filed by current...
Appellate Court Clears Trustee In ESOP Suit
August 19, 2005 (PLANSPONSOR.com) - Upholding a lower court ruling, federal appellate judges have cleared an employee stock ownership plan...
K Plan Co. Stock Case Survives Employer Challenge
August 9, 2005 (PLANSPONSOR.com) - A group of participants won a significant legal battle in their employer lawsuit over the...
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Wal-Mart Says Case Is Too Big To Defend
August 8, 2005 (PLANSPONSOR.com) - In its appeal of a ruling certifying a sexual discrimination case as a class-action, Wal-Mart...
Smaller Stocks, Lifestyle Funds Draw Participants in July
August 8, 2005 (PLANSPONSOR.com) - Participant trading remained within normal levels throughout July, but registered two moderate-trading-volume days, and one...
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Court Documents Say Wal-Mart Ignored Sex Discrimination Warnings
July 15, 2005 (PLANSPONSOR.com) - Court documents filed in a pending 2001 sex discrimination lawsuit against Wal-Mart show the giant...
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Coca-Cola Sued by 401(k) Participants
July 14, 2005 (PLANSPONSOR.com) - Employees have filed suit against Coca-Cola Co., claiming their employee retirement fund is mismanaged because...
Benefits |
CVS Proposes Settlement in Retirement Plan Lawsuit
July 5, 2005 (PLANSPONSOR.com) - CVS Corp. has agreed to a $3 million settlement in a case involving its 401(k)...