Tag: Employee Retirement Income Security Act

A jury decided almost entirely in the university’s favor in the nearly seven-year lawsuit.

The Department of Labor has alleged one fiduciary breach against the plan’s trustees for operating with negative assets in six...

A former employee of Cedars-Sinai Medical Center alleges onerous plan fees and under-performing funds.

The Arborwell Inc. employee stock ownership program began in 2017, but the plaintiffs allege the ESOP’s 2020 sale to CI...

The class action proposal seeks to recover retirement plan losses allegedly caused by fiduciary breaches leading to ‘unreasonable’ fees.

The lawsuit seeks to recover retirement plan losses due to alleged mismanagement of CoreLogic’s 401(k) retirement plan.  

A federal judge in Michigan allowed the lawsuit against Magna International to go forward while denying one of the defendants’...

Employers in disparate principal businesses approach RFPs versus RFIs differently, as plan sponsors perform searches for employee benefit providers

The lawsuit plaintiffs are ESOP participants holding vested shares of Churchill stock in their accounts who were employed at Churchill...

Employers use the help of a consultant searching for employee benefit vendors, narrowly for certain tasks or pricing only and...

A former ESOP participant claims fiduciaries created conditions forcing the sale of participants’ assets by attempting to take advantage of...

The trade group that sued the DOL says the regulator will not insist that rollover advice should be subject to...

A New Jersey-based graphite manufacturer is alleged to have failed to operate the employee stock ownership plan in the best...

The university medical center’s retirement plan failed to disclose revenue sharing or float income and caused workers to pay excessive...

The Department of Labor alleges a closed computer equipment supplier and services company abandoned responsibility for its profit-sharing plan in...

The retirement plan lawsuit, originally filed in 2020, alleged fiduciary breaches committed by the ERISA finance and administrative plan committee.

The 2020 ERISA retirement lawsuit alleged fiduciary breaches committed by the retirement plan committee.

A class action complaint filed in Texas alleges fiduciary breaches by the company’s 401(k) plan.   

The 2020 excessive fees 401(k) lawsuit against a medical products manufacturer is on the eve of a trial. 

The settlement from a case brought in 2020 received preliminary approval from a federal judge in Connecticut.