Compliance | May 10th, 2022 Move to Compel ERISA Claim Arbitration Rejected by 6th Circuit The appellate court has sided with a lower court’s determination that individual arbitration agreements signed by plaintiffs should not prevent...
Compliance | May 2nd, 2022 Plaintiffs Retry UPS Annuity Conversion Lawsuit The refiled lawsuit argues that the defendants are failing to provide alternative forms of pension benefits that are ‘actuarially equivalent’...
Ask the Experts | April 26th, 2022 What Will New Audit Standards Mean for ERISA Plan Sponsors? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | April 21st, 2022 Xerox’s Motion to Dismiss ERISA Lawsuit Is Denied The court order states that plaintiffs plausibly stated a claim for breach of fiduciary duty.
Compliance | April 21st, 2022 Appellate Panel Sends Trader Joe’s ERISA Case Back to District Court The court found that the plaintiffs plausibly alleged that 401(k) plan fiduciaries failed to control fees by offering retail share...
Compliance | April 21st, 2022 USI Wins Dismissal of ERISA Lawsuit The complaint was dismissed in its entirety for failure to state a claim.
Compliance | April 18th, 2022 $7.5M Settlement Struck in Washington University ERISA Suit The settlement agreement also spells out a variety of non-monetary requirements, including a new fiduciary training regimen for members of...
Compliance | April 13th, 2022 Excessive Fee Retirement Plan Lawsuit Will Continue A court has denied plan sponsor VCA’s motion to dismiss breach of fiduciary duty allegations.
Compliance | April 12th, 2022 Appeals Court Says Salesforce Lawsuit Can Continue A federal appeals court judge has reversed and remanded lower court rulings for further proceedings
Compliance | April 6th, 2022 Wells Fargo Agrees to Settle Proprietary Funds Lawsuit The settlement agreement includes a “significant monetary recovery,” the plaintiffs note in a memo in support of a motion for...
Compliance | April 4th, 2022 Court Dismisses One Lawsuit Against ADP Multiple Employer Plan A court found a participating employer was not a fiduciary with respect to alleged actions in the lawsuit, and therefore...
Compliance | April 1st, 2022 Amended Complaint Clears Dismissal in PNC ERISA Lawsuit A new order in a long-running ERISA lawsuit tosses out certain claims related to alleged breaches of the ERISA fiduciary...
Compliance | March 31st, 2022 Most of Pentegra MEP Lawsuit Clears Dismissal A federal court found most of the plaintiffs’ ERISA fiduciary breach claims are sufficiently pled to advance beyond the motion...
Compliance | March 30th, 2022 DOL Lawsuit Over Investment in DST Systems’ 401(k) Will Proceed A federal court found the claims were not time-barred, the investment manager was responsible for its own fiduciary duties and...
Compliance | March 29th, 2022 Principal Wins Dismissal of ERISA Lawsuit The complaint alleged a target-date fund suite managed by Principal performed poorly for an excessive period of time, without being...
Compliance | March 28th, 2022 ERISA Suit Filed Against Dartmouth-Hitchcock Network The plaintiffs accuse the defense of failing to work to reduce retirement plan expenses or to adequately scrutinize each investment...
Compliance | March 25th, 2022 Health Care Provider Faces Excessive Fee Lawsuit Participants claim that the plan charged excessive fees for investments and recordkeeping services.
Compliance | March 24th, 2022 Plaintiffs Must Replead Case in Kimberly-Clark ERISA Suit A federal court order rejects the defendants’ motion to dismiss the lawsuit, which argues plan fiduciaries permitted the payment of...
Compliance | March 23rd, 2022 ERISA Suit Against Nationwide Moves Ahead The consolidated lawsuit alleges Nationwide 401(k) plan fiduciaries failed to negotiate guaranteed investment fund terms that were as good as...
Compliance | March 22nd, 2022 Plan Sponsor Sued Over ‘Untested’ TDFs The lawsuit alleges Molina Healthcare offered target-date funds in its 401(k) plan that employed a management style that had never...