BP Stock Drop Suit Dismissed
April 2, 2012 (PLANSPONSOR.com) – A lawsuit against BP Plc North America relating to company stock investments in its retirement...
Tag: Company Stock
J.P. Morgan Agrees to Settle Bear Stearns Stock Drop Suit
March 22, 2012 (PLANSPONSOR.com) – A $10 million settlement of a stock drop suit against Bear Stearns has been filed...
Appellate Court Reopens Case Against State Street by GM Participants
February 23, 2012 (PLANSPONSOR.com) – The 6th U.S. Circuit Court of Appeals revived a stock drop lawsuit brought by General...
Benefits |
Company Stock Holdings Decreased Since PPA
February 7, 2012 (PLANSPONSOR.com) - The share of plan assets in company stock fell seven percentage points for KSOPs, because...
Benefits |
Kodak Employee Files Lawsuit Regarding Retirement Plans
January 31, 2012 (PLANSPONSOR.com) – A Kodak worker has filed a lawsuit against the company.
BNY Mellon Employees File Lawsuit over Foreign Currency Trading
November 16, 2011 (PLANSPONSOR.com) – Two former Bank of New York Mellon employees have filed a lawsuit on behalf of...
Benefits |
YRC Worldwide Agrees to $6.5M Settlement of Stock Drop Suits
November 11, 2011 (PLANSPONSOR.com) - YRC Worldwide Inc. has agreed to pay $6.5 million to settle lawsuits brought by its...
SURVEY SAYS: Is Litigation Prompting Plan Design Changes?
October 27, 2011 (PLANSPONSOR.com) - An article in the Wall Street Journal yesterday intimated that revenue-sharing litigation was “prompting” plan...
Court Approves Settlement of Wachovia Stock Drop Suit
October 26, 2011 (PLANSPONSOR.com) – The U. S. District Court for the Western District of North Carolina has approved a...
Claim for ESOP Benefits Under State Law Preempted by ERISA
October 24, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Northern District of California ruled a plan participant’s claim...
2nd Circuit Affirms Dismissal of Citigroup Stock Drop Charges
October 19, 2011 (PLANSPONSOR.com) – The 2nd U.S. Circuit Court of Appeals has found that Citigroup fiduciaries did not abuse...
Another Law Firm Starts BNY Mellon ERISA Investigation
October 7, 2011 (PLANSPONSOR.com) – The law office of Brodsky & Smith, LLC announced that it is investigating Bank of...
Court Dismisses Stock Drop Claims against Lehman Brothers
October 7, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Southern District of New York has ruled that...
BNY Mellon Now Targeted by ERISA “Investigation”
October 5, 2011 (PLANSPONSOR.com) – Having drawn the scrutiny of regulators, Bank of New York Mellon now...
Florida Bank Wins Dismissal of Stock Drop Suit
September 28, 2011 (PLANSPONSOR.com) – A federal court has dismissed claims that trustees and directors of Orion Bancorp’s Employee Stock...
Misstatements not Made in ERISA Fiduciary Capacity: Court
September 8, 2011 (PLANSPONSOR.com) – The U.S. District Court for the District of Rhode Island has given a mixed ruling...
Benefits |
Settlement Reached in ESOP Fiduciary Breach Suit
August 22, 2011 (PLANSPONSOR.com) – L.A. Times employees of media company Tribune who sued over the 2007 Sam Zell-led takeover...
Benefits |
Most Stock Drop Cases Involve 401(k) Plans
August 17, 2011 (PLANSPONSOR.com) - In a new review of litigation on the issue of employer stock in retirement plans,...
DoL Files Brief in SunTrust Stock Drop Case
August 17, 2011 (PLANSPONSOR.com) – U.S. Secretary of Labor Hilda L. Solis is asking an appellate court to uphold a...
Court Moves Forward Suit over State Street FX Practices
August 8, 2011 (PLANSPONSOR.com) – A federal court has moved forward claims by investors in State Street stock, including retirement...