Retirement Plan Fee Suit Against TIAA Has a New Angle
It isn’t investment costs the lawsuit complains about, but postage costs for excessive mailings.
Tag: Litigation
Applied Technology Systems Ordered to Pay Back Retirement Plan
The sponsor used plan assets for non-plan purposes.
Will Plan Sponsors Feel Effect of SCOTUS Vacancy?
An ERISA attorney feels the Supreme Court vacancy will not be filled before the end of President Obama's term, but...
CalPERS Explains a Tough Benefit Denial Decision
The CalPERS Board determined that pay granted as a lawsuit settlement was not pay that could be included in pension...
District Court Decision Reversed in Gallo Vs. Moen
The central issue in the case was whether several collective bargaining agreements entitled a class of retirees from Moen Inc....
RJR Handed a New Win in Stock Divestment Decision
A district court agreed that a prudent fiduciary would have made the same decision to remove Nabisco stock from the...
Lawsuit Questions Plan’s Lack of Alternatives to Mutual Funds
The lawsuit filed by Jerome J. Schlichter of Schlichter Bogard & Denton against Chevron Corporation also accuses the firm of...
Trustees Ordered to Restore Misused Funds to Profit Sharing Plan
A DOL investigation found two officers of Alliance Home Healthcare transferred and distributed more than $1.6 million from the company’s...
Case About Reducing Hours Due to ACA Moves Forward
A court found there was plausible evidence that Dave & Buster’s intended to interfere with employees’ rights to benefits.
MassMutual Sued Over Stable Value Fund Fees
The lawsuit is filed as a class action on behalf of the Arthur J. Gallagher & Company 401(k) plan and...
Court Finds Custodial Agreement Must Be Provided to Participant
A federal judge found the agreement does dictate important aspects about the participant’s benefits under the 401(k) plan.
Verizon Retirees Take PRT Challenge to Supreme Court
After seeing their pension risk transfer lawsuits dismissed in both district and circuit court, tens of thousands of former Verizon...
Union Fund Trustees Sued for Multiple Fiduciary Breaches
The International Association of Machinists National Pension Fund and its board of trustees are facing a lawsuit.
Health Benefits Dispute Sent Back to District Court Again
The 6th Circuit wants the district court to reconsider the vested retiree health benefits challenge in light of a Supreme...
Opinions |
Barry’s Pickings Online: Let’s Start with Your Best Price
When a lawyer can prove that a plan fiduciary paid more for the identical service that some other fiduciary paid...
Plan Document Updates May Be Needed After 'Montanile' Decision
ERISA expert discusses the significant implications of the Supreme Court’s decision in Montanile v. Board of Trustees, especially as it...
Oracle Is Latest DC Plan Sponsor Targeted in Fee Suit
A new lawsuit filed by Schlichter, Bogard and Denton against Oracle Corporation for alleged mismanagement of the company’s 401(k) plan clearly...
SCOTUS Again Remands Stock Drop Case
The Supreme Court returned Amgen’s ESOP case to the lower court for a second time.
DOL Sues Sponsor Over Company Stock Valuation
The DOL is asking a Florida district court to take action against an employer accused of inflating its fair market...
SunEdison Faces Lawsuit Over Company Stock in Retirement Plan
The accusations are similar to those in many stock drop lawsuits.