Appeals Court Revives Pension Case Against Northrop Grumman
For a second time, the 9th Circuit has resurrected a lawsuit that targeted the aerospace and defense company.
Tag: Lawsuit
Participant Sues J.P. Morgan Over Data Breach
J.P. Morgan Chase & Co. was accused in a new lawsuit of not having sufficient procedures in place to prevent...
DOL Sues Third Profit-Sharing Plan in 2024
The Department of Labor is continuing its enforcement push against profit-sharing plans.
California Marketer Claims Plan Change Caused Recordkeeper to Retaliate
A California plan sponsor has sued the provider it removed, 401(k) Easy, claiming the company perpetrated a scheme to defraud...
After DOJ Criminal Sentence, DOL Sues Profit-Sharing Plan of Pennsylvania Mushroom Farmer
Department of Labor brings a lawsuit against the profit-sharing plan of a criminally indicted Pennsylvania mushroom farm retirement plan.
Minnesota Sponsor Sues Adviser for True-Up Plan Amendment
The cost of a plan amendment to allow safe harbor and true-up contributions prompted Great Lakes Management Co. to allege...
Benefits |
DOL Prevails in Court Orders, Removing TPA From Acting as Fiduciary for Sponsors
The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets...
PBGC Files Petition Seeking Documents California DB Plan Failed to Deliver
The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums,...
Taft-Hartley Plan Wants Back $220M Partial Pension Withdrawal
Boilermaker-Blacksmith National Pension Trust claims arbitrator Richard C. McNeill Jr. incorrectly ruled that GE satisfied the building and construction industry...
Judge Dismisses TDF Complaint Against Microsoft
Microsoft has been spared one of a string of lawsuits against plan sponsors over putting retirement savers in a BlackRock...