Compliance | April 11th, 2023 Car Parts Producer Faces Retirement Lawsuit The retirement plan for Tenneco Inc. employees is alleged to have committed two breaches of fiduciary duty.
Compliance | March 29th, 2023 ERISA Complaint Against DISH Network Dismissed A federal judge found the plaintiffs had not established an adequate peer for the funds’ fees and performance in question.
Compliance | March 24th, 2023 ERISA Suit Against SeaWorld Advances A federal judge rebuffed SeaWorld's motion to dismiss, but a second defendant was dismissed from the case.
Compliance | March 13th, 2023 Ohio Judge Dismisses ERISA Lawsuit Against Grocery Chain A retirement plan lawsuit that alleged excessive fees for recordkeeping against the Kroger grocery store chain was dismissed.
Compliance | March 10th, 2023 Judge Rejects Mitre’s Efforts to Dismiss ERISA Lawsuit The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.
Compliance | February 7th, 2023 Nonprofit Nemours Foundation Faces 403(b) Lawsuit Florida-based nonprofit operator of children’s hospital is alleged to have charged excessive fees to retirement plan participants.
Compliance | February 2nd, 2023 ERISA Case Against Dish Network Likely to be Dismissed A federal magistrate judge found that the plaintiffs did not adequately state a claim of excessive fees.
Compliance | January 17th, 2023 Deloitte Vindicated in Excessive Fee Dismissal An ERISA suit filed in 2021 alleged that Deloitte did not monitor the fees being charged to its 401(k) plan.
Compliance | January 9th, 2023 National Bank Parent Company Hit with ERISA Complaint Plaintiffs have alleged excessive fees for recordkeeping and administrative services and for an available managed account in a retirement plan...
Compliance | January 4th, 2023 California Food Processing Firm Sued for Alleged ERISA Violations Participants of a retirement plan sponsored by Ventura Foods allege that Ventura’s mismanagement cost their retirement savings significantly.
Compliance | November 28th, 2022 Judge Grants Motion to Dismiss Ricoh Complaint The two counts brought by plaintiffs were bounced by the Chief Judge for the U.S. District Court for the Eastern...
Compliance | September 16th, 2022 Suit Claims Janus Henderson Favored Its Own Funds in 401(k) Plan Case alleges firm put high-fee, underperforming proprietary funds in its retirement plan
Compliance | September 1st, 2022 ADP Ruling Includes Cross-Selling Claims Dismissal The mixed dismissal motion ruling, which sides mostly with the plaintiffs, agrees with the defense that certain data-sharing among providers...
Compliance | August 16th, 2022 Managed Account Fees Challenged in Latest ERISA Lawsuit The lawsuit comes as retirement plan sponsors and participants express increased interest in personalization and managed account services.
Compliance | August 15th, 2022 Settlement Struck in L Brands ERISA Lawsuit The defendants were accused of failing to monitor the average expense ratios charged to similarly sized plans for investment management...
Compliance | July 22nd, 2022 TriHealth Excessive Fee Ruling Partly Remanded by 6th Circuit The short appellate ruling notes that new precedents have overtaken some of the debates in the case.
Compliance | June 29th, 2022 Cook Group Faces Latest Excessive Fee Complaint The defendants are accused of paying unreasonable recordkeeping and administrative fees and offering imprudent share classes of certain investment options.
Compliance | May 27th, 2022 Stable Value Returns Figure in Latest ERISA Complaint The named defendants in the suit are the DENSO International America company alongside its board of directors and various committees...
Compliance | March 29th, 2022 Principal Wins Dismissal of ERISA Lawsuit The complaint alleged a target-date fund suite managed by Principal performed poorly for an excessive period of time, without being...
Compliance | March 28th, 2022 ERISA Suit Filed Against Dartmouth-Hitchcock Network The plaintiffs accuse the defense of failing to work to reduce retirement plan expenses or to adequately scrutinize each investment...