BMO Financial Next Up in Plan Forfeiture Legal Complaints
BMO received a complaint alleging its plan committee breached ERISA by using forfeited plan assets to benefit the company, not...
Tag: 401(k) Plan Litigation
Pfizer Gets 401(k) Plan Fee Lawsuit Tossed
A federal judge dismissed allegations made by a former Pfizer employee that the pharmaceutical company charged unreasonable recordkeeping and administrative...
Northern Trust Reaches Tentative Settlement in 401(k) Suit
Settlement to be considered by the court on October 30 in class action filed by workers in 2021.
Chevron Explained
ERISA expert David Kaleda unpacks the Supreme Court decision that gives the courts more weight in areas that include employee...
Court Grants Genworth Class Certification Appeal
Plaintiffs can appeal class action status granted earlier this month to participants who were invested in BlackRock Inc. target date...
Salesforce Settles 401(k) Suits for $1.35M
Combined lawsuits filed in 2020 and then 2024 alleged excessive fees for a $5 billion retirement plan.
Nordstrom Suit, HP Revival Add to 401(k) Forfeiture Cases
A Wagner Law Group attorney says plan sponsors should review their plan documents, as Nordstrom is the latest employer challenged...
Judge Grants Class Status in Genworth, BlackRock TDF Suit
The plaintiffs invested in BlackRock’s LifePath Index Funds get a rare win when compared to similar 401(k) complaint proceedings.