Participant Gets Go-Ahead in Company Stock Drop Case
September 26, 2008 (PLANSPONSOR.com) - A federal judge in Massachusetts has cleared the way for a participant invested in a...
Tag: Company Stock
MA Judge Orders Wal-Mart Compensation Case Declared a Class Action
September 25, 2008 (PLANSPONSOR.com) - A Massachusetts appellate court has overturned a lower court ruling that refused to certify as...
Benefits |
Baltimore Energy Firm Probed for Stock Drop Allegations
September 24, 2008 (PLANSPONSOR.com) - A Pittsburgh law firm is investigating allegations that a Baltimore energy company committed a fiduciary...
Transferring Participants Come "Home", Dump International
September 15, 2008 (PLANSPONSOR.com) - Participants continued to flee equities for the relative security of GIC/stable value during August.
Benefits |
Law Firm Probing Memphis Investment Bank 401(k) over Stock Drop
September 10, 2008 (PLANSPONSOR.com) - A Pittsburgh law firm is probing whether there were violations of the Employee Retirement Income...
Benefits |
Fifth Third Slapped with Stock-Drop Participant Lawsuit
AUGUST 13, 2008 (PLANSPONSOR.com) - Fifth Third Bancorp has joined the ranks of plan sponsors hit with a participant stock-drop...
Appeals Court Revives Home Depot Company Stock Suit
August 5, 2008 (PLANSPONSOR.com) - The U.S. 11th Circuit Court of Appeals has revived a lawsuit filed by former participants...
Benefits |
Unsound Business Practices by Bank Leads to Company Stock Suit
July 31, 2008 (PLANSPONSOR.com) - Former employees of the now-closed ANB Financial are suing members of the bank's retirement plan...
Benefits |
UBS Now Faces 401(k) Plan Investigation
July 29, 2008 (PLANSPONSOR.com) - Holzer Holzer & Fistel, LLC announced it is investigating possible violations of the Employee Retirement...
Benefits |
Wal-Mart Answers Excessive 401(k) Fee Allegations
July 21, 2008 (PLANSPONSOR.com) - In a 35-page response to a class action lawsuit over excessive fees in its 401(k)...
Benefits |
NovaStar Faces 401(k) Company Stock Suit over Lending Practices
July 10, 2008 (PLANSPONSOR.com) - While other firms are being sued for investing in subprime mortgage-backed securities, NovaStar Financial, Inc....
Employers Must Provide Accommodations When Disability is Obvious
July 8, 2008 (PLANSPONSOR.com) - The 2nd U.S. Circuit Court of Appeals has ruled an employer has a duty to...
Court Sides with Dell in Company Stock Suit
July 8, 2008 (PLANSPONSOR.com) - The U.S. District Court for the Western District of Texas ruled that fiduciaries of the...
Wal-Mart Hit with $6.5M Payment in MN Comp Case
July 2, 2008 (PLANSPONSOR.com) - A Minnesota state judge awarded $6.5 million in compensatory damages to Wal-Mart workers in the...
Court Rejects Revival of Company Stock Case Based on LaRue Ruling
May 15, 2008 (PLANSPONSOR.com) - The U.S. District Court for the Middle District of Alabama rejected the attempt by an...
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Sprint Sued for Fiduciary Breach over Company Stock
May 5, 2008 (PLANSPONSOR.com) - A participant in the Sprint Retirement Savings Plan of Sprint Nextel Corporation has sued the...
Merck Charged with Fiduciary Breach in Company Stock Suit
May 2, 2008 (PLANSPONSOR.com) - A Merck & Co. 401(k) participant has charged the drugmaker with breaching its fiduciary duties...
Reliant Wins 2nd Stock Drop Case Ruling
April 29, 2008 (PLANSPONSOR.com) - A federal judge was correct in dismissing a 401(k) participant's company stock suit because the...
Macy's Fiduciary Breach Suit Will Stay in Ohio
April 22, 2008 (PLANSPONSOR.com) - Macy's Inc.'s motion to move a fiduciary breach suit on behalf of a class of...
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Wal-Mart Hit with Excessive 401(k) Fee Suit
April 21, 2008 (PLANSPONSOR.com) - A Missouri Wal-Mart employee and participant in its 401(k) plan has filed an excessive fee...