Tag: Company stock

The SEC could not meet a 30-day deadline to correct issues in the rule.

The Chamber of Commerce has sued the SEC in the 5th Circuit and seeks a review of a new SEC...

The firms are brining equity compensation and retirement planning into a single user experience.

In addition, a person invested in a stable value fund versus someone invested in a target-date fund could end up with a balance as much as 59% lower,...

Under the paradigm created by the Supreme Court’s ruling in a case known as Fifth-Third v. Dudenhoeffer, plaintiffs continue to have difficulty proving standing in ERISA stock drop...

The Phillips 66 retirement plan committee has been sued for allowing ConocoPhillips stock funds to be included in the plan's investment lineup.

A federal judge dismissed a consolidated case against Wells Fargo's 401(k) plan fiduciaries.

At the same time, employees in ESPPs are using company stock to address financial wellness needs.

A court used plain language of the ESOP plan document to show the plan administrator's failure to implement participants diversification elections was "arbitrary and capricious."

The judge noted that stock must be purchased at an inflated price and sold at a loss for an economic injury to occur.

As with the lawsuit filed in July, the new complaint says the defendants breached their ERISA fiduciary by retaining the company stock fund as an investment option under...

A court shot down several actions plaintiffs suggested Target could have taken when it knew or should have known its stock price was artificially inflated.

On December 1, 2017, the Aon Stock Fund will be liquidated and removed from the plan.

The complaint offers alternative actions Sears could have taken once it realized its stock was an imprudent retirement plan investment.

In April, a federal judge found First Bankers Trust Services Inc. liable for causing an ESOP to overpay for shares of the company’s stock.

The latest decision in RJR vs. Tatum comes out of the 4th U.S. Circuit Court of Appeals, which has previously made multiple rulings on the long-running and procedurally complicated...

A federal court held that First Bankers breached its fiduciary duties to the plan’s participants by failing to conduct a prudent investigation into the fair market value of...

The plaintiffs did not meet pleading standards set forth in Fifth Third v. Dudenhoeffer, according to a district court opinion.

Among other things, the plaintiff alleges the plan committee ignored the numerous warning signs that Chesapeake was an imprudent investment for retirement assets, and allowed the plan to...

Schwab Partners with eShares; and USAA Deploys Military Retirement Comparison Tool.