Embezzler Can Sue Employer for Retirement Plan Benefits
October 18, 2013 (PLANSPONSOR.com) – A federal district court in California declined to dismiss a lawsuit by a retirement plan...
Tag: Litigation
Another Pension Plan Sued over Investments
October 9, 2013 (PLANSPONSOR.com) – A participant in the U.S. Bancorp Pension Plan has filed a class action lawsuit against plan...
International Paper Files to Settle 401(k) Fees Suit
October 1, 2013 (PLANSPONSOR.com) – International Paper Company has filed a motion to settle a lawsuit regarding allegations of excessive...
DOL Announces More Enforcements
September 23, 2013 (PLANSPONSOR.com) – Word that the Department of Labor (DOL) is stepping up its enforcement is being backed...
Contractor Owing Withdrawal Liability Not a Fiduciary
September 19, 2013 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has ruled that withdrawal liability owed by a...
DOL Sues to Restore Plan Funds, Replace Fiduciaries
September 13, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to compel the owners and fiduciaries...
DOL Asks Court to Replace Plan Fiduciaries
September 11, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to replace the fiduciaries of an...
Co-Fiduciaries Ordered to Repay Plan
September 10, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) recently received a judgment from a district court, requiring co-fiduciaries...
Court Authorizes Restoration of Plan Assets
September 9, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has obtained a consent judgment to recover plan assets.
Bank Settles Company Stock Suit
September 5, 2013 (PLANSPONSOR.com) – Flagstar Bancorp has agreed to settle allegations it breached its fiduciary duties by maintaining company...
Court Moves Forward Part of Case over Alternative Investments
September 5, 2013 (PLANSPONSOR.com) – A federal district court has given the green light to certain claims that fiduciaries to...
Pension Participants Sued for Benefits Too Late
September 4, 2013 (PLANSPONSOR.com) – A federal appellate court ruled pension participants filed their lawsuit for benefits past the statute...
DOL Gets Judgment to Restore Employee Contributions
August 28, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has obtained a default judgment to restore employee contributions...
DOL Seeks New Fiduciary for Abandoned 401(k) Plan
August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has alleged that DTK Computer Inc. failed to take...
DOL Seeks Restoration of N.J. Plan Contributions
August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) recently filed a lawsuit that seeks restoration of missing...
DOL Files Suit against Calif. Bank
August 22, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has filed a lawsuit against a California bank, alleging...
Investment Adviser Ordered to Restore Plan Losses
August 19, 2013 (PLANSPONSOR.com) – An investment adviser has been ordered to restore plan losses, incentive fees and penalties for...
Court Reverses Ruling on Denial of Class Certification
August 12, 2013 (PLANSPONSOR.com) – A federal appellate court has moved forward a class action claim regarding Lockheed Martin’s retirement...
Court Uses Presumption of Prudence for Case Dismissal
August 8, 2013 (PLANSPONSOR.com) – A federal appeals court found the application of the presumption of prudence to be appropriate...
Fidelity Cleared of Excessive Fee Violation
August 5, 2013 (PLANSPONSOR.com) – A federal appeals court affirmed the dismissal of a lawsuit against Fidelity Management Trust Company...