District Judge Grants Dismissal of Vail Resorts ERISA Lawsuit
Central to the dismissal is the consideration of several issues of standing.
Tag: retirement plan litigation
VALIC Sued Over Surrender Fees Charged to 401(k) Plan
The lawsuit says VALIC engaged in a prohibited transaction, as well as self-dealing, in violation of ERISA when surrender fees...
Supreme Court Appeal Filed in Wells Fargo Stock-Drop Case
The appeal asks whether an earlier Supreme Court ruling means ESOP fiduciaries are effectively immune from duty-of-prudence liability for the...
Parties Reach Settlement Over Funding of St. Joseph Health Services Pension Plan
The lawsuit alleged that after the plan no longer qualified as a ‘church plan,’ it failed to be funded according...
Another Fiduciary Breach Lawsuit Filed Against Allstate
The new complaint states that the Allstate defendants mishandled the process of picking the plan’s default target-date fund suite.
Independent Fiduciary Appointed to Distribute $1.5M in Abandoned Plans
The plans were abandoned after the plan provider owners took their own lives.
Why Some ERISA Litigation Trends May Turn in 2021
It may seem like the pace of ERISA litigation will never slow down, but one ERISA attorney says he is...
Community Health Systems Settles ERISA Challenge
The proposed settlement is only between the plan sponsor and the plaintiffs, meaning the allegations against Principal are still in...
Effects of COVID-19 Could Spark More Retirement Plan Litigation in 2021
Industry experts say market volatility and cybersecurity issues could lead to new lawsuits.
Court Grants Dismissal of Rollins Inc. ERISA Challenge
A federal judge concluded that the plaintiffs have failed to exhaust potential administrative remedies.
Lawsuit Filed on Behalf of Cognizant Technology 401(k) Plan Participants
The lawsuit alleges plan fiduciaries failed to ensure plan investments and fees were prudent.
Second Case Against Cerner Dismissed Then Reopened
The parties are now discussing a potential settlement, according to the court docket.
UPenn Will Settle ERISA Fiduciary Breach Lawsuit
The filing of a stay motion related to a forthcoming settlement represents the beginning of the end for the complicated...
ERISA Fiduciary Breach Complaint Targets Coca-Cola Bottler
The plaintiffs in the case are represented by the increasingly well-known law firm Capozzi Adler, which has in the past...
Judge Certifies Sizable Class in Lawsuit Over TIAA’s Retirement Plan Loan Program
The lawsuit alleges TIAA kept some of the interest participants paid on loans from their retirement plans, which it says...
Abbott Brought Back Into Retirement Plan Cybersecurity Lawsuit
Previously dismissed from the lawsuit, Abbott is accused in an amended complaint of failing to monitor its recordkeeper and failing...
$17.5M Settlement Reached Over ‘Too Conservative’ Plan Investments
The plan’s investment policy statement allegedly called for 70% of the plan’s assets to be allocated into domestic fixed income...
Bath and Body Works Parent Company Sued for 401(k) Plan Excessive Fees
The lawsuit against L Brands says recordkeeping and investment fees were excessive and fiduciaries failed to use the lowest-cost share...
Teva Pharma Excessive Fee Case Reaches Sizable Settlement
The pharmaceutical company has agreed to pay more than $2.5 million to settle an ERISA excessive fee lawsuit, out of...
Boeing Defeats Stock Drop Suit Tied to 737 MAX Crashes
Plaintiffs in stock drop lawsuits have had very limited success establishing standing under a precedent set by the landmark Supreme...