Tag: ERISA

The pair will pay more than $2 million to settle claims they invested assets in companies in which they had...

The lawsuit alleged fiduciary breaches to retirement plan participants from high fees and underperforming investments.  

The judge ruled that even though Home Depot may have followed an imprudent process for choosing investments, the plaintiffs were...

The Wells Fargo retirement plan fiduciaries are accused of engaging in prohibited transactions and breaching their fiduciary duty to participants.

The full Senate voted, 49-36, to confirm Lisa Gomez as the new assistant secretary of labor for the Employee Benefits...

Like most organs of the federal government, the Labor Department maintains an explicit policy for government shutdowns as a consequence...

The judge has allowed the case to go forward and the ‘plaintiffs should be afforded an opportunity to conduct discovery.’

The plaintiffs had alleged that their employer maintained expensive and low-performing investment options for plan participants.

Plaintiffs agree to settle for $267 million in a class action suit that alleged that PricewaterhouseCoopers LLP undercalculated lump-sum payments...

The defendants are accused of ignoring several red flags, resulting in over $750,000 being stolen from a retirement account.

Plan adviser users of the tool can automatically pull key data for the plan they are advising into the system...

A federal judge rules that Goldman Sachs did not privilege its own mutual funds at the expense of retirement plan...

Class action lawsuit claims firm loaded its 401(k) plan with high-fee, underperforming proprietary funds.

Lucas will continue in her current role through the end of 2022 and will help the research organization search for and transition to a new leader.

Senator Patty Murray takes the 48th anniversary of ERISA to emphasize the importance of having a proper secretary to oversee...

A new order emphasizes that a stock-drop plaintiff must do more than allege a general economic theory of why earlier...

The court rejects the defense’s motion to dismiss the case, but denies the U.S. Chamber of Commerce’s bid to submit...

A prominent New Jersey couple faces allegations that they invested plan assets in companies in which they had significant financial...

Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms.

Much of the ruling sides with plaintiffs and permits the case to move to discovery, but the defendants successfully defeat...