Ohio Pension Fund Settles with Ex-AIG CEO Greenberg for $115M
August 18, 2009 (PLANSPONSOR.com) - Former American International Group (AIG) CEO Maurice R. "Hank" Greenberg and other AIG executives have...
Tag: Litigation
Cuomo Schwab Suit over ARS Sales Expected this Week
August 17, 2009 (PLANSPONSOR.com) - Andrew Cuomo, the New York state Attorney General, is likely to file suit as soon...
Foundation Seeks $30M from Merrill over Madoff Investments
August 13, 2009 (PLANSPONSOR.com) - A South Florida foundation has hit Merrill Lynch with a lawsuit over allegations the investment...
9th Circuit Affirms Reimbursement of Benefits for Fraudulent Bene
August 7, 2009 (PLANSPONSOR.com) - The 9th U.S. Circuit Court of Appeals has affirmed a lower court's decision that that...
Pension Funds Lose Effort to Stop Chrysler Sale
August 6, 2009 (PLANSPONSOR.com) - The 2nd U.S. Circuit Court of Appeals has decided that a U.S. Bankruptcy Court judge...
GE to Pay $50M for Accounting Fraud
August 4, 2009 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) filed civil fraud and other charges against General Electric...
Q209 Securities Cases on Downslope
August 3, 2009 (PLANSPONSOR.com) - Securities lawyers were not quite as busy during the second quarter of 2009 as lawsuits...
Credit Rating Agencies Face Second Lawsuit by Public Pension Fund
July 30, 2009 (PLANSPONSOR.com) - A second state pension plan has sued the top credit rating agencies for misleading investors...
NJ Sues Merrill over Pension Money Lost in Stock Deal
July 29, 2009 (PLANSPONSOR.com) - New Jersey Attorney General Anne Milgram has filed a lawsuit against Merrill Lynch & Co....
Benefits |
Utah Hospital Says Setting up 401(k) Was a Mistake
July 27, 2009 (PLANSPONSOR.com) - Kane County (Utah) Hospital employees whose 401(k) retirement plan accounts have been frozen by the...
Elimination of Pensioner Death Benefit Did not Violate ERISA
July 20, 2009 (PLANSPONSOR.com) - The 10th U.S. Circuit Court of Appeals has upheld a district court's ruling that Qwest...
Securities Class Actions Plummet in Mid-2009
July 20, 2009 (PLANSPONSOR.com) - The number of federal securities class action cases filed in the first six months of...
MO Officials Crack Down on Broker
July 13, 2009 (PLANSPONSOR.com) - A Missouri broker who officials charge had improperly convinced investors to stop their 401(k) contributions...
AK Steel Faces New Lawsuit on Whipsaw Calculation for Distributions
July 7, 2009 (PLANSPONSOR.com) - A new lawsuit alleging AK Steel Corp. violated the Employee Retirement Income Security Act (ERISA)...
Benefits |
Delta Sued over Pension Calc Changes
July 6, 2009 (PLANSPONSOR.com) - A Delta Air Lines flight attendant has sued the carrier over allegations Delta improperly adopted...
Pension Plans Named as BofA Suit Lead Plaintiffs
July 2, 2009 (PLANSPONSOR.com) - A federal judge in New York has tapped a group of public pension funds as...
Investment Scam Victims Include 403(b) Participants
June 30, 2009 (PLANSPONSOR.com) - A Texas state district judge has approved the start of a claims process for Texans...
NM Teachers Union Files Suit over Madoff Investments
June 30, 2009 (PLANSPONSOR.com) - A New Mexico teachers union has filed a lawsuit against Austin Capital Management Ltd. over...
Madoff Gets Life – and then Some.
June 29, 2009 (PLANSPONSOR.com) - It may be of little consolation to his victims, but a federal judge has given...
5th Circuit Gives Pension Funds New Shot at Securities Suit
June 26, 2009 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals has rejected a district court's decision denying class...