Tag: retirement plan litigation

A judge has determined that two law firms, Schneider Wallace Cottrell Konecky LLP and Schlichter Bogard & Denton LLP, are...

The proposed class action lawsuit challenges excessive managed account fees and the retention of Financial Engines, the managed account service...

The plaintiffs in the case alleged various plan fiduciaries breached their duties under ERISA by allowing the payment of excessive...

The new cases closely resemble a host of others filed in recent months that suggest fiduciary defendants selected underperforming target-date...

The defendants’ motion to dismiss has been denied.

Microsoft is the latest target in a string of lawsuits over the performance of a popular TDF suite.

One fiduciary insurance expert who has long been tracking ERISA litigation says a spate of new complaints filed in recent...

Unlike many other ERISA lawsuits, the complaints suggest the plan fiduciaries in question should have considered more expensive target-date funds...

The complaint suggests that, as of the end of 2020, the 401(k) plan at issue had over $465 million in...

The text of the ruling takes just 13 pages to note that the facts of the case, as pleaded, are...

Case documents show the parties engaged in extensive negotiations before reaching a proposed $1.1 million settlement agreement.

The new complaint also suggests the company and its retirement plan fiduciaries permitted the payment of excessive recordkeeping fees.

The large medical-device-manufacturing organization is facing familiar fiduciary breach allegations in federal court in Indiana.

Yet another employer has been sued by plaintiffs represented by the law firm Capozzi Adler.

The judge’s opinion sides firmly against the arguments made by the plaintiffs in the case, who are among the many...

One expert who works on the fiduciary insurance side of the retirement plan industry calls the appellate ruling ‘the best...

While the prevalence of settlements in ERISA cases means fewer legal conclusions have been drawn by the courts than one...

Retirement benefit plans have deep pockets—filled with both assets and sensitive information—so it only makes sense that they are a...

The plaintiffs are seeking to remedy alleged failures by an IBM pension plan to pay joint and survivor annuity benefits...

The dismissal order grants the plaintiffs, who are represented by the law firm Capozzi Adler, two weeks to file an...