Institutional Investors Continue to be Active in Securities Class Actions
March 26, 2010 (PLANSPONSOR.com) - According to Securities Class Action Settlements: 2009 Review and Analysis, an annual report by Cornerstone...
Tag: Litigation
Court Moves Forward Stock Drop Claims against MO Company
March 23, 2010 (PLANSPONSOR.com) – A federal court has ruled that participants in the 401(k) plan sponsored by MEMC Electronic...
Court Dismisses Most Claims in State Street Stock Suit
March 19, 2010 (PLANSPONSOR.com) – A federal court has dismissed most claims against State Street Corporation and its retirement plan...
Court Moves Forward Claims against Northern Trust over ESOP
March 12, 2010 (PLANSPONSOR.com) – A federal court judge has moved forward claims by a participant in the Northern Trust...
Reish & Reicher Expands Attorney Roster
March 9, 2010 (PLANSPONSOR.com) – ERISA law firm Reish & Reicher has added another attorney to its Employee...
SEC Claims “America’s Prophet” Caused Losses
March 8, 2010 (PLANSPONSOR.com) – You’d think someone who calls himself “America’s Prophet” could have seen this coming.
SEC Claims “America’s Prophet” Caused Losses
March 8, 2010 (PLANSPONSOR.com) – You’d think someone who calls himself “America’s Prophet” could have seen this coming.
Court Dismisses Claims against Amgen in Stock Drop Case
March 5, 2010 (PLANSPONSOR.com) – A federal court has found no evidence that Amgen, Inc. breached its fiduciary duties by...
Supreme Court Won't Review Whether Unisys Misled Participants
February 23, 2010 (PLANSPONSOR.com) – The U.S. Supreme Court has denied a petition to decide whether Unisys Corp. breached its...
Participants not Due Retirement Benefits on Wages not Paid
February 19, 2010 (PLANSPONSOR.com) – A federal court has found that an employer owed no fiduciary or recording obligations under...
Benefits |
Plan Sponsor Sentenced for 401(k) Theft
February 13, 2010 (PLANSPONSOR.com) – A plan sponsor charged with stealing from her company’s 401(k) plan has been...
Pension Funds Accuse Morgan Stanley of Overpaying Employees
February 12, 2010 (PLANSPONSOR.com) – Two pension funds have filed a lawsuit accusing Morgan Stanley of overpaying its employees, calling...
State Street Settles Subprime Mortgage Charges with State, Feds
February 4, 2010 (PLANSPONSOR.com) – State Street Corporation has agreed to pay $333 million as part of a series of...
Principal R/E Fund Makes a Distribution
January 30, 2010 (PLANSPONSOR.com) – Sixteen months after imposing a withdrawal freeze, the Principal has made a partial...
Judge Dismisses Ratings Agency Lawsuit
January 29, 2010 (PLANSPONSOR.com)–A federal judge in New York has thrown out a lawsuit by two pension funds against the...
Law Firm Probes Potential Motorola Stock Drop Case
January 28, 2010 (PLANSPONSOR.com) – A Pennsylvania law firm has announced it is considering filing a stock drop lawsuit against...
Kraft Excessive Fee Case Thrown Out
January 28, 2010 (PLANSPONSOR.com) – A federal judge in Illinois has turned away allegations by 401(k) participants at Kraft Foods...
PA Pension Fund Sues Goldman over Bonuses
January 22, 2010 (PLANSPONSOR.com)–The pension fund for a Pennsylvania transit authority has sued Goldman Sachs over the Wall Street firm’s...
State Street Sued Over Stock-Loss Allegations
January 20, 2010 (PLANSPONSOR.com) – State Street Corporation has been hit with a lawsuit alleging investors in the company’s shares...
Former TCW Fund Manager Registers New Funds
January 12, 2010 (PLANSPONSOR.com) - DoubleLine Capital LP, the money management firm started last month by star bond...