Tag: retirement plan litigation

The lawsuit closely resembles numerous other ERISA excessive fee complaints filed in recent years.

A judge said the plaintiff plausibly pleaded that the defendants committed fiduciary breaches and prohibited transactions by selecting and retaining...

The lawsuit calls out the use of the active suite of the Fidelity Freedom target-date funds, among other things.

A federal judge moved forward claims of excessive administrative and managed account fees but dismissed claims regarding KeyCorp plan’s stable...

In the brief ruling, the district court judge says the plaintiffs have provided sufficient introductory evidence to make discovery in...

The plaintiff argues that similar university lawsuit settlements have helped to drive down fees, and changes the university made last...

In their short-lived complaint, the plaintiffs suggested WakeMed fiduciaries have not acted prudently in the operation of the 403(b) retirement...

In a decision in favor of a plan sponsor and provider, a court took a moment to contemplate whether an...

A federal judge found Aon Hewitt acted prudently, after hearing testimony about the firm’s investment actions and contractual obligations.

The 9th U.S. Circuit Court of Appeals has sided with the defendants in a stock drop lawsuit after applying stringent...

A judge found that allegations were sufficient to deny most motions to dismiss filed by the plan sponsor and the...

A federal judge found that the plaintiffs had sufficiently pleaded their claims in the suit alleging excessive retirement plan fees.

The complaint suggests Allianz abandoned a hedging strategy that was the supposed cornerstone of an investment fund utilized by the...

A federal judge found Principal’s ‘meticulous’ process for setting the GIC’s composite crediting rate protected the availability of the investment...

The agreement is solely monetary and doesn’t include provisions to remedy the alleged breaches of the defendants.

Prior to settlement, the long-running stock drop lawsuit received multiple appellate court rulings and consideration from the U.S. Supreme Court.

Among other things, the plaintiffs contend that prudent fiduciaries monitor and limit revenue sharing and make sure excessive indirect compensation...

The case, which challenges the use of an actively managed TDF suite rather than its index version, will move forward.

The text of the new complaint closely resembles others from the increasingly well-known law firm Capozzi Adler, which has filed...

A federal judge determined participant data is not considered plan assets, meaning Fidelity was not a fiduciary with regard to...