Takeda Pharmaceuticals Faces ERISA Lawsuit Over TDF Suite in 401(k) Plan
The lawsuit says the target-date funds were selected for the plan despite having no performance history and, when they continued...
Tag: ERISA
UPenn Agrees to $13M 403(b) Plan Lawsuit Settlement
The newly published text of the settlement agreement and accompanying order include significant non-monetary actions to be undertaken by UPenn.
Associated Banc-Corp Accused of Self-Dealing in ERISA Lawsuit
Participants have filed a suit alleging the bank used its retirement plan to promote its investment products.
Summary Judgment Denied in BlackRock ERISA Dispute
A district court has rejected dueling summary judgment motions filed by the plaintiffs and defendants in an ERISA self-dealing lawsuit...
Settlements Reached in Lawsuit Over Sequoia Fund Investment
DST Systems and Ruane, Cunniff & Goldfarb have agreed to settle a lawsuit regarding investments in the DST Systems Inc....
District Judge Grants Dismissal of Vail Resorts ERISA Lawsuit
Central to the dismissal is the consideration of several issues of standing.
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...
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.
2021 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plan
ERISA Preemption Curtailed by Supreme Court Ruling
A recent Supreme Court decision will have a greater impact on health care plans than retirement plans, but it offers...
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...
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...