Compliance | April 10th, 2024 DOL Requests Approval of Settlement in Pennsylvania Mushroom Farm Case The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.
Compliance | April 9th, 2024 RTX Corp. Agrees to Settle ERISA Lawsuit The aerospace and defense contractor has agreed to a pending settlement in a lawsuit with a former participant.
Compliance | March 13th, 2024 Plaintiffs Request Judge Approve Settlement in ERISA Data Breach Lawsuit Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final...
Compliance | October 10th, 2023 GE Agrees to Pay Record $61M to Settle 401(k) Lawsuit The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to...
Compliance | September 13th, 2023 Department of Labor Recovers $22.5M for ESOP The plan’s former trustee, Reliance Trust Company, settled a complaint following an investigation.
Compliance | April 19th, 2023 Mutual of America Agrees to $2.75 Million 401(k) Lawsuit Settlement Subject to court approval, the retirement plan services and investments provider will pay participants in a class action case who...
Compliance | November 16th, 2022 Juniper Agrees to Settle ERISA Suit for $3 million The network hardware firm agreed to an ERISA settlement totaling $3 million to dismiss claims of fiduciary breach.