Tag: retirement plan litigation

A judge found there was no evidence that fiduciaries of B. Braun Medical's retirement plan violated ERISA's duty of loyalty,...

The defendants have agreed to a $14 million payment and to procedural changes.

U.S. attorneys argue the Court of Appeals’ decision in a case against Northwestern University is incorrect and conflicts with decisions...

A court document shows the investment consultant and the plaintiff were unable to reach a settlement agreement.

Participants in the State Street Salary Savings Program say their employer has engaged in self-dealing within the retirement savings plans.

Plaintiffs in a new ERISA lawsuit say Caesars Entertainment allowed Russell Investments to pack its plan with proprietary investment options,...

The settlement agreement also includes non-monetary provisions related to bids for administrative services and share class selections for investments.

The suit alleges that defendants used the plan to increase their own revenue and seed new funds. 

The lawsuit alleges fiduciary breaches related to ensuring reasonable administrative and investment fees.

A court dismissed claims regarding KeyCorp plan’s stable value fund option but moved forward some claims regarding excessive administrative and...

The district court roundly rejected the defense’s dismissal motions, ruling that the plaintiffs have sufficiently alleged that fiduciary breaches may...

The complaint says fees charged to participants in the plan were "grossly excessive" because they were not based on the...

The emergency medical services company has settled an ERISA lawsuit suggesting it failed to meet its fiduciary duties of prudence...

However, the 9th Circuit contemplated whether an online request is considered a 'written request' under ERISA, and attorneys say the...

The ruling makes the 9th Circuit the latest appeals court to side against plaintiffs in stock drop litigation, once again...

The plaintiffs allege plan fiduciaries used what it calls ‘cobbled-together services from many providers’ and didn't monitor fees for any...

Among other claims, the lawsuit says Aon and a 401(k) plan sponsor caused the plan to invest in Aon’s proprietary collective investment trusts (CITs) for Aon’s benefit.

Plan fiduciaries' motions to dismiss the excessive fee suit were denied as a federal judge found the plaintiffs' claims were...

The plaintiffs in a new lawsuit against Allianz Global Investors say the asset manager failed to provide the hedging strategies it said it would include in a pension...

Principal prevailed in a lawsuit that alleged it set the crediting rate for a guaranteed investment contract (GIC) such that...