Tag: fiduciary duty

A Texas federal judge has scheduled a trial date, following the entry by attorneys for each side of pretrial materials,...

TIAA’s request to dismiss lawsuit alleging it used aggressive tactics to move participants from the plan into more costly managed...

A class of participants was certified in a federal district court lawsuit against American Airlines’ Plan for Pilots.  

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...