Tag: Litigation

An ERISA litigator weighs in on whether information from a new analytics tool would be helpful to attorneys and their...

Plaintiffs unsuccessfully alleged plan fiduciaries should have known that an investment option had the “clear indicia of a growth stock,”...

While the advisory firm has now been dismissed from the pool of defendants, the wider case itself will still apparently...

Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer. 

The plaintiffs seek to represent participants in more than 300 retirement plans which were invested in 78 stable value funds,...

Summarizing its decision, the court observes, “It is well established that the test of prudence ... is one of conduct,...

A New Jersey District Court judge awarded more than $9.4 million to the plan.

A federal court judge has found the plaintiff’s claims plausible.

According to the motion filed by attorneys, the fact that the plaintiff’s claims are brought pursuant to ERISA’s civil enforcement...

A judge concluded plaintiffs did not allege special circumstances or offer plausible alternatives according to standards set forth in the...

The complaint specifically calls out the use of BlackRock target-date funds which it says use excessive fund layering, subjecting participants...

Ultimately, Putnam Investments prevailed in a lawsuit claiming it and its retirement plan fiduciaries engaged in prohibited transactions by offering...

The core of the plaintiffs’ claims relate to the use of American Beacon Funds in the plan, which were created...

A court found the plaintiff in the case had actual knowledge of the facts comprising his claims more than three...

The lawsuit also calls out the plan’s default investment fund for having high fees and performing poorly.

The only motion to dismiss by the defendants that the court granted concerned a claim that the 401(k) plan should...

A district court judge in Colorado has sided with the recommendation made by a magistrate judge, ruling that plaintiffs have...

An appellate court found 403(b) plan participants were questioning the legality of a plan amendment, which it said is for...

Governmental plan sponsors are generally not policed by ERISA, but they face their own set of “old, obscure laws” that...

Just one out of a number of allegations included in two ERISA lawsuits against SafeWay have been ruled untimely, allowing...