Tag: retirement plan lawsuits

A district court in California has issued a mixed ruling in a self-dealing lawsuit filed against Schwab Retirement Plan Services...

Details in the text of the complaint explain that the stock price drop that plaintiffs say unduly harmed participants is...

The district court had several times ruled against the firm in summary dismissal and discovery decisions—but the firm has prevailed...

Three Mayer Brown ERISA attorneys discuss the current litigation landscape and offer practical strategies for promoting compliance in 2019. 

Both parties agreed to dismiss the litigation under Federal Rule of Civil Procedure 41(a), and each party will bear its...

The complaint suggests Transamerica continued to offer proprietary portfolios when their rates of return were meaningfully below stated long-term benchmarks.

Some 83,000 lawsuits have been filed under the Employee Retirement Income Security Act (ERISA) in federal district court since 2009,...

The text of a new ruling on GE defendants' summary dismissal motion steps through complex issues of timeliness that are...

The appellate court sent a case over Intel's use of alternative investments in its target-date funds back to a lower...

An appellate court has taken the rare step of overturning a successful motion to dismiss a stock drop lawsuit targeting...

The court holds that bundling services or revenue sharing are common and acceptable investment industry practices that frequently inure to...

The original lawsuit alleged negligence and professional malpractice by Willis Towers Watson in its actuarial work for the city; the...

The Department of Labor found fiduciaries failed to remit salary deferrals and loan repayments and withdrew assets from the plan...

Although the case involves an employer-provided life insurance plan, it has lessons for what constitutes a QDRO for all ERISA...