Colgate-Palmolive Settles Longstanding Pension Calculation Complaint for $332M
The agreement with former employees arrived after nine years of litigation.
Tag: participant complaints
Complaint Alleges Franklin Templeton Investments Cost Participants Millions
Three plan participants alleged 75% of the retirement plan’s $1.6 billion in assets under management was invested in poor-performing, low-rated,...
ERISA Complaint Alleges Mismanaged Plan Cost Participants $100M
Two former employees of Nokia North America allege that the company failed to replace poorly performing funds.
The Perils of Ignoring Participant Complaints
If a plan sponsor fails to respond, they could face a civil and/or DOL lawsuit