Tag: retirement plan lawsuits

Plaintiff seeks class certification in alleging mismanagement and violations of fiduciary duty.

The ERISA Industry Committee has joined an amicus brief, with the U.S. Chamber of Commerce, asking a federal appeals court...

CEO David Ramirez says the firm will drop its lawsuit against the DOL so long as the agency confirms its...

The Phoenix-based company is alleged to have breached its fiduciary duty to plan participants.

Plaintiffs have alleged fiduciary breaches against retirement plan fiduciaries for the International Union of Elevator Constructors.  

Attorneys for the defendants have asked a federal district court to dismiss ERISA fiduciary breach claims.

The plaintiffs have alleged Mutual of America plan fiduciaries using a closed-architecture recordkeeping platform caused plan participants to pay excessive...

The plaintiffs’ fiduciary breach claims were dismissed, with prejudice, in United States District Court for the Eastern district of Wisconsin

Former employees allege that retirement plan fiduciaries engaged in prohibited transactions and breached their fiduciary duty to participants.

A judge dismisses a suit against utility company Exelon, but leaves the door open for future proceedings.

The plaintiffs’ claims survive the defendants’ motion to dismiss

A total of $750,000 was stolen from a retirement account managed by the defendants—who, the plaintiff alleges, ignored many red...

Case alleges firm put high-fee, underperforming proprietary funds in its retirement plan

Plaintiffs’ attorneys have filed an amended Employee Retirement Income Security Act complaint, adding two new claims. 

A consolidated class action complaint claims that the church’s 401(k) plan elected to be governed by the Employee Retirement Income...

The Sphere Fossil-Free Fund is now available to more retirement plan investors.

Labor Secretary Marty Walsh has alleged several ERISA breaches.   

A plan participant saw her whole defined contribution retirement account balance vanish.   

A district court in California has issued a mixed ruling in a self-dealing lawsuit filed against Schwab Retirement Plan Services...

Details in the text of the complaint explain that the stock price drop that plaintiffs say unduly harmed participants is...