Tag: retirement plan litigation

Among other things, the plaintiffs allege the GoalMaker service disfavored funds in the plan’s investment menu that did not pay...

They say ERISA pre-empts the state-run retirement program, therefore invalidating it, but that argument has been previously rejected by both...

A judge found the interests of a subclass of terminated, vested participants were adequately protected in a newly proposed settlement.

A court found the terms of the agreement were broad enough to reject the plaintiff’s argument that he should be...

The plaintiffs suggest that two sizeable Deloitte retirement plans should have been able to negotiate a recordkeeping cost in the...

A judge found Aon didn’t violate ERISA when encouraging Lowe’s to change the plan’s investment menu or by selecting and...

Earlier this year, the firm settled similar charges from the SEC and the New York attorney general accusing it of...

While the size and structure of retirement plans are relevant to the reasonableness of the administrative fees they pay, similarly...

The court notes that the ESOP trustees, while accepting a price very close to what the sellers were seeking, saved...

Because appellate court decisions carry weight with lower courts in a circuit, the ruling could increase the risk for multiemployer...

The court concluded that the defendants present extensive evidence that they acted prudently in monitoring the plan’s recordkeeping expenses.

The text of the ruling includes detailed analysis of what it takes for ERISA plaintiffs to prove standing under Article...

The detailed dismissal ruling engages in an analysis of all five counts included in the plaintiff’s amended complaint, in each...

Northern Trust is accused of giving AutoZone bad direction regarding investments in Prudential’s GoalMaker solution, allegedly due to a conflict...

The owner of a 403(b) plan administration firm and another insurance agent allegedly convinced educators to roll retirement plan money...

The Justice Department alleges that military employees who used ‘donated leave’ to avoid losing pay were denied pension contributions and...

The ruling rejects the defense’s dismissal motions and includes a detailed analysis of what is required for ERISA plaintiffs to...

Duty of prudence and prohibited transaction claims will move forward against the Centerra Group plan fiduciaries and Aon Hewitt, which...

Though the order shows support for the plaintiffs’ arguments regarding their Constitutional standing to sue their employer for alleged retirement...

The complaint says Corteva Inc.’s ‘sleight of hand’ when determining when to label employees that were part of a spinoff...