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District Judge Dismisses Plan Forfeiture Case Against Liberty Mutual
According to the ruling, the insurer was under no obligation to use unvested employer plan contributions for participants’ benefit.
CGI Sued Over Retirement Plan Fund, Alleging $168M in Losses
The complaint claims fiduciaries kept an underperforming fund in the company’s 401(k) plan despite lagging returns and significant outflows of...
ERIC Urges 2nd Circuit to Uphold Dismissal of Forfeiture Case Against WPP Group USA
The ERISA Industry Committee argued that Congress and the Treasury Department have long permitted employers’ use of unvested funds to...

