Tag: retirement plan litigation

The second suit, filed on behalf of participants rather than plan sponsors, largely mirrors the first in its allegations of...

Though the plan’s recordkeeper is not named as a defendant, the lawsuit says fiduciaries of the ADP TotalSource Retirement Savings...

The complaint also argues that the structure of Magna International of America’s plan “is rife with potential conflicts of interest.”

Johnson & Johnson successfully argued that the plaintiffs have not met the pleading standards established by Fifth-Third v. Dudenhoeffer, however,...

The plaintiff in the case says Host’s tip policy interferes with his and others’ ability to defer income under the...

The plaintiffs say they seek similar remedies as those in a settlement that was court-approved in a case against Duke...

The agreement requires Wilmington Trust to pay $80 million to 21 employee stock ownership plans (ESOPs) for which it served...

A federal district court judge noted that the 9th U.S. Circuit Court of Appeals has held that the “decision to...

The lawsuit is directly tied into another in which Wilmington Trust agreed in January to a settlement valued at $5...

A federal judge said the plaintiffs' guess of recordkeeping fees paid had no factual basis and failed to claim a...

The lawsuit is nearly identical to one filed by the same law firm against a pharmaceutical company.

Under the county code, employee contribution rates were based on age at entry into the retirement system, with older employees...

The underlying lawsuit, which is also undergoing concurrent arbitration, claims the InterContinental Hotels Group owes accelerated withdrawal payments to a...

Only one of the spate of lawsuits challenging university 403(b) plans has gone to trial.

Denying a motion to dismiss the suit, a judge pointed out the difference between it and others cited by the...

The lawsuit alleges plan fiduciaries failed to use the lowest cost share class for many of the mutual funds within...

Plaintiffs say Liberty Mutual allowed excessive recordkeeping fees and failed to remove poorly performing investments.

This new challenge is being filed in a different district court and claims that the participant has not signed an...

The District Court had previously denied a motion to reconsider an earlier decision to let parts of the lawsuit move...

According to the lawsuit, an unknown user accessed the plaintiff’s stock plan account by exploiting the ‘forgot password’ option and...