Compliance December 19th, 2024 Compliance Year in Review David Kaleda, an ERISA expert, reflects on the year that was for plan fiduciaries.
Compliance December 13th, 2024 UnitedHealth Group Settles 401(k) Fund Complaint for $69 Million If the agreement is approved, participants will receive payments after UnitedHealth did not replace underperforming Wells Fargo funds.
Client Service December 2nd, 2024 401(k)s and the Courts in 2025 Plan forfeiture court decisions, Loper Bright’s use and potential DOL guidance shifts are all on the table, according to ERISA...
Compliance November 19th, 2024 Capital One Facing 401(k) Plan Forfeiture Suit Capital One Financial Corp. and its board of directors are facing a lawsuit over the usage of 401(k) plan forfeitures, joining...
Compliance November 8th, 2024 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...
Compliance October 24th, 2024 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...
Compliance October 14th, 2024 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.
Compliance September 23rd, 2024 Chevron Explained ERISA expert David Kaleda unpacks the Supreme Court decision that gives the courts more weight in areas that include employee...
Compliance September 17th, 2024 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...
Compliance September 3rd, 2024 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.
Compliance August 20th, 2024 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...
Compliance August 19th, 2024 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.