Compliance | December 17th, 2013 Lockheed Stable Value Suit to Continue as Class Action December 17, 2013 (PLANSPONSOR.com) - A class action claim regarding Lockheed Martin’s retirement plan stable value fund offering will go...
Compliance | December 16th, 2013 SCOTUS Takes Up Presumption of Prudence Issue December 16, 2013 (PLANSPONSOR.com) — The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions...
Compliance | December 13th, 2013 Independent Fiduciary Named for Indiana 401(k) Plan December 13, 2013 (PLANSPONSOR.com) – A federal district court has issued a judgment that authorizes the appointment of an independent...
Compliance | December 6th, 2013 Court Appoints Fiduciary for NY 401(k) Plan December 6, 2013 (PLANSPONSOR.com) – A federal court order appointed an independent fiduciary for a Holtsville, New York retirement plan.
Compliance | December 4th, 2013 Employer Need Not Continue Mistaken Pension Payments December 4, 2013 (PLANSPONSOR.com) – A federal appellate court has confirmed that General Motors need not continue pension payments made...
Compliance | November 26th, 2013 Restoration of Funds Sought for Health Clinic Employees November 26, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit against a provider of mental health...
Compliance | November 22nd, 2013 Chesapeake Stock Drop Suit Dismissed November 22, 2013 (PLANSPONSOR.com) – A federal district court dismissed a class action complaint alleging Chesapeake Energy acted imprudently by...
Compliance | November 20th, 2013 DOL Finds Fiduciaries Violated ERISA With Stock Purchase November 20, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover...
Administration | November 19th, 2013 CalPERS to Get $261M in J.P. Morgan Settlement November 19, 2013 (PLANSPONSOR.com) – The California Public Employees’ Retirement System (CalPERS) will receive about $261 million in damages from...
Compliance | November 8th, 2013 DOL Sues Firm for Plan Administration Failures November 8, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to have funds returned to a retirement plan...
Compliance | November 8th, 2013 MassMutual Plan Participants Sue Over Proprietary Investments November 8, 2013 (PLANSPONSOR.com) – Participants and beneficiaries of the MassMutual Thrift Plan have filed a lawsuit in federal court...
Compliance | November 1st, 2013 Suit by Xerox Retiree Partially Dismissed November 1, 2013 (PLANSPONSOR.com) – A U.S. district court in New York ruled a plaintiff can proceed with a claim...
Compliance | October 31st, 2013 Fiduciaries Ordered to Restore Plan Assets October 31, 2013 (PLANSPONSOR.com) – A U.S. district court in California has ordered the restoration of more than $1.6 million...
Compliance | October 31st, 2013 Dismissal of Stock Drop Case Reaffirmed October 31, 2013 (PLANSPONSOR.com) – A U.S. District Court has reaffirmed its earlier decision to dismiss a stock drop case...
Compliance | October 23rd, 2013 Fiduciaries of California ESOP to Repay Plan Funds October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds...
Compliance | October 21st, 2013 DOL Seeks New Fiduciaries for Tennessee Plan October 21, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to replace the fiduciaries of an abandoned retirement...
Compliance | October 18th, 2013 Embezzler Can Sue Employer for Retirement Plan Benefits October 18, 2013 (PLANSPONSOR.com) – A federal district court in California declined to dismiss a lawsuit by a retirement plan...
Compliance | October 9th, 2013 Another Pension Plan Sued over Investments October 9, 2013 (PLANSPONSOR.com) – A participant in the U.S. Bancorp Pension Plan has filed a class action lawsuit against plan...
Compliance | October 1st, 2013 International Paper Files to Settle 401(k) Fees Suit October 1, 2013 (PLANSPONSOR.com) – International Paper Company has filed a motion to settle a lawsuit regarding allegations of excessive...
Compliance | September 23rd, 2013 DOL Announces More Enforcements September 23, 2013 (PLANSPONSOR.com) – Word that the Department of Labor (DOL) is stepping up its enforcement is being backed...