Tag: fiduciary duty

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

The Department of Labor filed a lawsuit against Blue Cross Blue Shield of Minnesota, claiming the third-party administrator became a...

Health care system 403(b) participant fees alleged to be too high in fiduciary breach case.   

Using retirement plan data and a mission statement to define and measure success.

A Defined Contribution Alternatives Association research paper examined the case for plan sponsors to consider private real estate in retirement...

Appellate courts have different interpretation of prohibited transaction rules under the Employee Retirement Income Security Act, paving the way for...

The McCullough, Campbell & Lane LLP retirement savings plan owes an average of more than $200,000 to 25 participants.  

Plaintiff Paula Disberry has requested the court order restoration of her $750,000 in lost assets.

Shareholders can approve a proposal to reclassify Hartford’s Growth Opportunities Fund as a non-diversified investment, according to a securities filing.

The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion...

Both parties brought motions as a former pilot asserts that fiduciaries for American Airlines’ defined contribution plans breached their duty...

The 10th Circuit has joined several other circuit courts in holding that a ‘meaningful benchmark’ must apply to 401(k) participant...

The Department of Labor claims a payroll services and HR outsourcing company has effectively barred participants from accessing accounts and...

Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’

The tax agency intends to use outreach and expanded exams over the next year to address compliance by companies with...

The department is seeking access to retirement assets owned by employees of a closed time-share-properties business in Houston.

The aerospace and defense contractor was sued for allegedly failing to pay required long-term disability benefits to a disabled former...

Fidelity Institutional and Financial Engines Advisors, LLC were removed as defendants to the lawsuit, the court docket shows.

The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans. 

Former employees are suing GreatBanc Trust Co. and executives from Buckeye Corrugated Inc., a national packaging and display products manufacturer,...