Compliance | July 11th, 2024 Court Approves $1.5M Settlement in Amway ERISA Lawsuit A Michigan federal judge approved a preliminary agreement in Garcia et al. v. Alticor Inc. et al.
Compliance | June 20th, 2024 Kohler Agrees to Settle ERISA Lawsuit Against DB Plan Kohler Co., the Kohler Co. Pension Plan and pension plan beneficiary plaintiffs request the court’s approval of the settlement.
Compliance | June 14th, 2024 84 Lumber Co. Retirement Plan Sued for High-Fee Investments In-Plan A lawsuit against the Pennsylvania-based company has alleged the plan’s recordkeeper fees were higher –than average and that the plan...
Compliance | June 12th, 2024 Retirement Plan Lawsuit Targets Texas Health Care System Retirement plan participants alleged fiduciary breaches occurred within the Houston-based health care system’s 401(k) and 403(b) plans.
Compliance | June 12th, 2024 Humana Inc. Defeats Class Action Claims of Excessive 401(k) Fees A federal judge in Kentucky ruled in favor of the Humana Retirement Savings Plan with a summary judgment and dismissed...
Compliance | June 4th, 2024 New York Federal Judge Rules Against TIAA in Managed Account Suit TIAA’s request to dismiss lawsuit alleging it used aggressive tactics to move participants from the plan into more costly managed...
Compliance | May 23rd, 2024 Texas Judge Certifies Class in Pilot’s Anti-ESG Case A class of participants was certified in a federal district court lawsuit against American Airlines’ Plan for Pilots.
Compliance | May 3rd, 2024 PBGC Seeks $1 Million+ in Liability Payments From Pension Plan in Trusteeship The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...
Compliance | April 30th, 2024 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...
Compliance | April 10th, 2024 DOL Requests Approval of Settlement in Pennsylvania Mushroom Farm Case The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.
Benefits | April 9th, 2024 IBM Wins Dismissal of Pension Lawsuit A lawsuit against IBM’s pension plan will not proceed, following a judge’s ruling in U.S. District Court for the Southern...
Benefits | April 4th, 2024 DOL Attains Court Order Directing Defunct Firm Restore Missing 401(k) Money A federal court in Maryland ordered a defunct engineering company and its owner to pay $388,458 to restore missing contributions...
Compliance | April 3rd, 2024 DOL Alleges Profit-Sharing Plan Fiduciaries Took Retirement Plan Assets The Department of Labor alleges the plan fiduciaries at a tree service company used retirement assets from a profit-sharing plan...
Compliance | March 25th, 2024 ERIC Joins Amicus Brief Defending Yale University The brief was filed to support Yale in the plaintiffs’ 2nd Circuit appeal of a 2023 jury verdict that was...
Benefits | March 22nd, 2024 Molina Healthcare Close to Win in ERISA Lawsuit A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on...
Compliance | January 22nd, 2024 DOL Suit Retires Maine Excavator’s 401(k) Plan Maine federal judge approves agreement reached between the Department of Labor and a Maine excavation company that was shuttered in...
Compliance | January 2nd, 2024 Cambridge Health Alliance Retirement Plan Sued Health care system 403(b) participant fees alleged to be too high in fiduciary breach case.
Compliance | December 5th, 2023 Tyson Foods Hit With 401(k) Suit for Overcharging Employees allege the Tyson Foods plan committee did not monitor and negotiate for reasonable recordkeeper fees.
Benefits | November 29th, 2023 JP Morgan Retirement Plan Sued for Restoration of Future Pension Payments A pension participant in Florida is suing after his benefits were allegedly reduced.
Compliance | November 22nd, 2023 Cornell Ruling Widens Circuit Court Split on ERISA Fiduciary Question Appellate courts have different interpretation of prohibited transaction rules under the Employee Retirement Income Security Act, paving the way for...