Settlement Entered in Kraft Excessive Fees Case
March 7, 2012 (PLANSPONSOR.com) – Kraft Foods Global agreed to pay $9.5 million to settle a lawsuit over excessive fees...
Tag: Litigation
Northern Trust Loses Attempt to Transfer Blame to Pension Boards
February 28, 2012 (PLANSPONSOR.com) – A federal district court dismissed a claim by Northern Trust Company that pension funds’ boards...
Court Rules for Employer with no Evidence of Benefits Eligibility
February 21, 2012 (PLANSPONSOR.com) – A federal appellate court ruled in favor of an employer that denied a claim for...
DoL Sues Company for Failure to Remit Contributions
February 7, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL)...
Benefits |
Kodak Employee Files Lawsuit Regarding Retirement Plans
January 31, 2012 (PLANSPONSOR.com) – A Kodak worker has filed a lawsuit against the company.
Pension Funds’ Securities Fraud Suit Revived by Appellate Court
January 9, 2012 (PLANSPONSOR.com) – The 2nd U.S. Circuit Court of Appeals reversed a lower court’s dismissal of a securities...
Benefits |
Economy and High Court Decisions Fuel Workplace Class-Action Litigations
January 9, 2012 (PLANSPONSOR.com) - Seyfarth Shaw’s annual Workplace Class Action Litigation Report indicates a sluggish economic recovery and several...
Law Firm Investigating Sale of Winn-Dixie Stores
Bull & Lifshitz, LLP, is investigating possible breaches of fiduciary duty in connection with the proposed sale of Winn-Dixie Stores,...
Owner Trustee May be Held Liable for Denial of Benefits to Ex-Spouse
December 19, 2011 (PLANSPONSOR.com) – A federal court found the owner of a business, as trustee to its retirement plan,...
Wal-Mart and Merrill Lynch to Pay $13.5M for Excessive Fee Suit
According to Forbes, Wal-Mart and its retirement plan administrator (Merrill Lynch) allegedly breached their fiduciary duty for nearly two million...
Plan Administrator not Liable for Fiduciary’s Diversion of Assets
November 28, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Eastern District of Pennsylvania ruled a profit sharing plan...
NY Mets Owners Settle 401(k) Lawsuit
November 3, 2011 (PLANSPONSOR.com) – A firm run by owners of...
SURVEY SAYS: Is Litigation Prompting Plan Design Changes?
October 27, 2011 (PLANSPONSOR.com) - An article in the Wall Street Journal yesterday intimated that revenue-sharing litigation was “prompting” plan...
Opinions |
IMHO: Lessened, Learned?
October 26, 2011 (PLANSPONSOR.com) - When I’m talking to plan sponsors (and advisers) about the challenges of being an...
Brown Signs One Pension Bill, Vetoes Another
October 11, 2011 (PLANSPONSOR.com) – California Governor Jerry Brown has signed one pension bill intended to strengthen...
BNY Mellon Now Targeted by ERISA “Investigation”
October 5, 2011 (PLANSPONSOR.com) – Having drawn the scrutiny of regulators, Bank of New York Mellon now...
Opinions |
IMHO: “Nigh” Five
October 5, 2011 (PLANSPONSOR.com) - A few weeks back, I offered some notions about what the next five years...
Opinions |
IMHO: “Better” Business
September 28, 2011 (PLANSPONSOR.com) - There was another judicial decision in another revenue-sharing case earlier this month...
Another Plan Sponsor Win on Revenue-Sharing
September 26, 2011 (PLANSPONSOR.com) – Another plan sponsor has prevailed in a revenue-sharing case – and at...
Court Upholds Decision for Fidelity, Unisys in Excessive Fee Case
September 9, 2011 (PLANPSONSOR.com) – The 3rd U.S. Circuit Court of Appeals has upheld a district court ruling dismissing charges...