Tag: retirement plan litigation

Unlike ERISA lawsuits that are argued in federal courts, this case is playing out in state court.

There was substantial discussion of Intel’s argument about how the statute of limitations provision read when ERISA was originally written.

An appellate court found a partnership test set forth in a previous case had not been met between the private...

Though Invesco previously prevailed in the lawsuit, the plaintiff was in the process of filing an amended complaint.

The plaintiff said Great-West’s conduct in setting the credited rate of its Key Guaranteed Portfolio Fund violates ERISA’s clear rules...

Among other issues, the plaintiffs allege the defendants “failed to properly minimize the reasonable fees and expenses of the plan.”

The parties have requested that the district court stay all proceedings and deadlines pending the outcome of a mutually agreed...

AutoZone plan fiduciaries are accused of permitting Prudential to steer an excess of assets towards its own proprietary products via...

According to the complaint, by selecting Prudential-affiliated funds, the fiduciary defendants placed Prudential’s interests above the plan’s interests.

In a brief to the Supreme Court, U.S. attorneys disagree with the implication that retirement plan participants actually know all...

Per participant or asset-based? Each approach has its merits, but is one preferable under the Employee Retirement Income Security Act’s...

Following some important appellate and Supreme Court decisions, it is “no longer good law” to presume as a general matter...

CenturyLink seems to be off the hook regarding a specific fund offered in its 401(k), but its investment management company...

Among the non-monetary elements of the settlement is a requirement to conduct a recordkeeping RFP process that will result in...

Although a judge said annuity relationships may be “akin to a hostage-type situation,” he still recommended the suit against Columbia...

Among other things, the lawsuit says Goldman Sachs did not prudently use revenue-sharing payments.

Georgia’s Supreme Court found a contract that required the Board to provide a two-year notice before changing plan funding was...

Sometimes, with retirement plan litigation settlements, the most telling detail and the true value to participants is in the nonmonetary...

The original complaint said a provider was allowed to add any mutual fund it wished, “regardless of whether the funds...

A former 401(k) plan participant is suing the plan sponsor and plan providers after unauthorized distributions were made from her...