Tag: fiduciary duty

The Pension Benefit Guaranty Corporation claims a shuttered California corporation’s CEO transferred plan assets to a business checking account.

For a second time, the 9th Circuit has resurrected a lawsuit that targeted the aerospace and defense company.  

San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.

The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...

The Department of Labor is continuing its enforcement push against profit-sharing plans.

A California plan sponsor has sued the provider it removed, 401(k) Easy, claiming the company perpetrated a scheme to defraud...

Federal court in Michigan dismisses a lawsuit brought against the Kellogg Company pension plan.   

Paychex plans to fight a New York retirement lawsuit, alleging fiduciary breach in federal court rather than state court.  

The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.

The aerospace and defense contractor has agreed to a pending settlement in a lawsuit with a former participant.

A lawsuit against IBM’s pension plan will not proceed, following a judge’s ruling in U.S. District Court for the Southern...

Department of Labor brings a lawsuit against the profit-sharing plan of a criminally indicted Pennsylvania mushroom farm retirement plan.

A federal court in Maryland ordered a defunct engineering company and its owner to pay $388,458 to restore missing contributions...

The Department of Labor alleges the plan fiduciaries at a tree service company used retirement assets from a profit-sharing plan...

A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on...

A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.  

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...

San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets...

Maine federal judge approves agreement reached between the Department of Labor and a Maine excavation company that was shuttered in...