Included in a law giving tax credits to companies that hire unemployed veterans, President Obama has repealed a 3% withholding tax for government contractors.
Two former Bank of New York Mellon employees have filed a lawsuit on behalf of participants in BNY Mellon's 401(k) savings plan and Employee Stock Ownership Plan related...
YRC Worldwide Inc. has agreed to pay $6.5 million to settle lawsuits brought by its employees over losses in their retirement accounts from investments in company stock.
The Securities and Exchange Commission (SEC) filed a record 735 enforcement actions in the fiscal year that ended Sept. 30, with 146 of these actions taken against investment...
More than 30 House Democrats sent a letter to Secretary of Labor Hilda Solis, thanking her for withdrawing the proposed rule for the redefinition of “fiduciary.”
Doing what's best for the public seems to be a common goal shared by Vikram Pandit, CEO of Citigroup, and Gary Gensler, Chairman, U.S. Commodity Futures Trading Commission...
Owners of the New York Mets baseball team agreed in principle to settle a lawsuit by employees who said they lost millions of dollars in retirement money that...
In a long-running legal challenge against Kraft Foods, a federal court has denied class certification to defined contribution plan participants on their remaining claims.
The Employee Benefits Security Administration (EBSA) published a final rule updating the procedures for filing and processing applications for prohibited transaction exemptions under the Employee Retirement Income Security...
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released a Securities and Exchange Commission letter regarding EBSA’s participant-level fee disclosure regulation.
AT&T has agreed to cease discriminatory policies to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), regarding employees who took an early...
The House of Representatives passed a bill to repeal a measure that would have required federal, state and local governments to withhold 3% of payments to government contractors,...
The U.S. District Court for the Eastern District of Pennsylvania has found that two doctors who voluntarily terminated their employment from a hospital are not eligible for benefits...