Compliance | January 24th, 2023 Fluor ERISA Lawsuit Dismissed District Judge allowed one plaintiff 28 days to submit an amended complaint.
Compliance | January 24th, 2023 TIAA Class Action Reversal May Impose Significant Procedural Hurdle for Future Cases The 2nd Circuit Court of Appeals’ reversal of class certification will likely make it more difficult for ERISA class action...
Compliance | January 19th, 2023 Allianz Asset Management of America Dealt Lawsuit Over 401(k) Plan Workers contributing to the Allianz Savings and Retirement Plan have brought allegations of self-dealing against plan fiduciaries.
Compliance | January 9th, 2023 National Bank Parent Company Hit with ERISA Complaint Plaintiffs have alleged excessive fees for recordkeeping and administrative services and for an available managed account in a retirement plan...
Compliance | December 30th, 2022 Fiduciary 401(k) Breach Claims Against Milliman Will Proceed A federal judge ruled against a Milliman Inc. motion to dismiss fiduciary breach allegations that it failed to prudently choose...
Compliance | December 27th, 2022 District Court Narrows $750,000 Retirement Theft Lawsuit Claims A federal judge granted the motion to dismiss one of three defendants in a retirement theft lawsuit.
Compliance | December 22nd, 2022 Xerox Reaches $4.1 Million Preliminary Settlement in Excessive Fee Lawsuit The settlement in principle is pending court approval.
Compliance | November 29th, 2022 Attorneys File Similar ERISA Lawsuit Against Freight Transporter A second national freight transporter within a month is faced with an ERISA breach lawsuit from the same attorneys.
Compliance | November 28th, 2022 Judge Grants Motion to Dismiss Ricoh Complaint The two counts brought by plaintiffs were bounced by the Chief Judge for the U.S. District Court for the Eastern...
Compliance | November 15th, 2022 MassMutual Faces Four ERISA Breach Counts in Retirement Lawsuit Plaintiff seeks class certification in alleging mismanagement and violations of fiduciary duty.
Compliance | November 7th, 2022 ERISA Industry Committee Asks Federal Court To Consider Motion The ERISA Industry Committee has joined an amicus brief, with the U.S. Chamber of Commerce, asking a federal appeals court...
Investing | November 7th, 2022 Crypto Advocate ForUsAll Would Drop DOL Suit if Guidance Not Enforced CEO David Ramirez says the firm will drop its lawsuit against the DOL so long as the agency confirms its...
Compliance | November 3rd, 2022 Excessive Fee Complaint Filed Against Large Freight Transporter The Phoenix-based company is alleged to have breached its fiduciary duty to plan participants.
Compliance | October 19th, 2022 Union Multiemployer Plan Faces ERISA Lawsuit Plaintiffs have alleged fiduciary breaches against retirement plan fiduciaries for the International Union of Elevator Constructors.
Compliance | October 12th, 2022 Law Firm Files Motion to Dismiss ERISA Complaint Targeting BlackRock Funds Attorneys for the defendants have asked a federal district court to dismiss ERISA fiduciary breach claims.
Compliance | October 7th, 2022 ERISA Lawsuit Brought Against Mutual of America The plaintiffs have alleged Mutual of America plan fiduciaries using a closed-architecture recordkeeping platform caused plan participants to pay excessive...
Compliance | October 6th, 2022 Associated Bank ERISA Lawsuit Dismissed The plaintiffs’ fiduciary breach claims were dismissed, with prejudice, in United States District Court for the Eastern district of Wisconsin
Compliance | September 29th, 2022 ERISA Self-Dealing Lawsuit Targets Wells Fargo and Ex-CEO Sloan Former employees allege that retirement plan fiduciaries engaged in prohibited transactions and breached their fiduciary duty to participants.
Compliance | September 26th, 2022 Judge Dismisses ERISA Suit for Not Stating a Claim A judge dismisses a suit against utility company Exelon, but leaves the door open for future proceedings.
Compliance | September 23rd, 2022 Wake Forest University Retirement Plan Lawsuit Will Proceed The plaintiffs’ claims survive the defendants’ motion to dismiss