Tag: Litigation
District Court Approves Class Certification in Deutsche Bank Challenge
BB&T Self-Dealing Suit Gets Class Certification
Court Moves Forward Few Claims in NYU 403(b) Plans Case
Participant Challenges Prudential and Morningstar Allocation Solution
ERISA Challenge Targets Minnesota Hospital System
Federal Pensions Challenge Big Banks’ Securities Lending Practices
Large banks are accused by the federal pension funds of working together behind the scenes to protect their interests as...
Court Sides With Wilmington Trust on ESOP Challenge
Sears Faces Another ERISA Lawsuit
DOL Signals Extension of Fiduciary Rule Transition Period
Many retirement industry providers will be glad to see the DOL is starting to signal a delay in the applicability...
Participant Fails to Establish Class Status in Prudential Lawsuit
Target Prevails in ERISA Stock Drop Suit
Providers Voice Concern About Fiduciary Rule Product Disruption
There were thousands of new comments submitted on the fiduciary rule RFI by a variety of parties, from concerned individual...
Court Orders American Century to Produce Reports for Self-Dealing Suit
5th Circuit Hears Latest Round of Fiduciary Rule Arguments
At least one judge on the three-judge panel that has been assigned to the case seemed to have little sympathy...
Trustee Found Liable for Diversification Failures
At various times between 2006 and 2009, according to EBSA findings, the plan was 100% invested in stock warrants.
Business Owner Pleads Guilty to Theft From 401(k) Plan
Sears Holdings Faces Stock Drop Lawsuit
ERISA Suit Challenging Voya Stable Value Funds Rejected
The lawsuit unsuccessfully alleged Voya does not disclose to its retirement plan clients and their respective participants the amount of...
Stiff Prison Sentence After EBSA Fraud Investigation
EBSA says investors’ dollars, including ERISA-covered assets, were diverted to pay for home renovations, personal credit card payments and mortgage...