Plan Providers Sued for “Unsuitable” Retirement Program
August 2, 2012 (PLANSPONSOR.com) – Two small businesses and participants in their retirement plans are suing fiduciaries who gave them...
Tag: Litigation
Participants in ERISA-Regulated Plans Cannot Recover Funds From Madoff
July 27, 2012 (PLANSPONSOR.com) - A district court said those who invested funds through ERISA-regulated plans with Bernard L. Madoff...
Coventry Health Care Inc. Sued Under ERISA
July 24, 2012 (PLANSPONSOR.com) - Coventry Health Care Inc. has been accused of breaching its fiduciary duties under the Employee...
Benefits |
ERISA Suit Filed Against Chesapeake Energy
June 20, 2012 (PLANSPONSOR.com) – Chesapeake Energy Corporation is now facing an Employee Retirement Income Security Act (ERISA) lawsuit.
11th Circuit Affirms Home Depot’s Stock Drop Case Win
May 14, 2012 (PLANSPONSOR.com) – A federal appellate court affirmed that Home Depot did not err in continuing to offer...
Benefits |
Penn. Medical Center Accused of Diverting 401(k) Assets
May 7, 2012 (PLANSPONSOR.com) - Two former employees of Saint Catherine Medical Center Fountain Springs are suing the bankrupt hospital's...
Directors and Officers Pursuing More Protection from Litigation
March 7, 2012 (PLANSPONSOR.com) - An increasing number of corporate directors and officers are showing more interest in the insurance...
Directors and Officers Pursuing More Protection from Litigation
March 7, 2012 (PLANSPONSOR.com) - An increasing number of corporate directors and officers are showing more interest in the insurance...
Settlement Entered in Kraft Excessive Fees Case
March 7, 2012 (PLANSPONSOR.com) – Kraft Foods Global agreed to pay $9.5 million to settle a lawsuit over excessive fees...
Northern Trust Loses Attempt to Transfer Blame to Pension Boards
February 28, 2012 (PLANSPONSOR.com) – A federal district court dismissed a claim by Northern Trust Company that pension funds’ boards...
Court Rules for Employer with no Evidence of Benefits Eligibility
February 21, 2012 (PLANSPONSOR.com) – A federal appellate court ruled in favor of an employer that denied a claim for...
DoL Sues Company for Failure to Remit Contributions
February 7, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL)...
Benefits |
Kodak Employee Files Lawsuit Regarding Retirement Plans
January 31, 2012 (PLANSPONSOR.com) – A Kodak worker has filed a lawsuit against the company.
Pension Funds’ Securities Fraud Suit Revived by Appellate Court
January 9, 2012 (PLANSPONSOR.com) – The 2nd U.S. Circuit Court of Appeals reversed a lower court’s dismissal of a securities...
Benefits |
Economy and High Court Decisions Fuel Workplace Class-Action Litigations
January 9, 2012 (PLANSPONSOR.com) - Seyfarth Shaw’s annual Workplace Class Action Litigation Report indicates a sluggish economic recovery and several...
Law Firm Investigating Sale of Winn-Dixie Stores
Bull & Lifshitz, LLP, is investigating possible breaches of fiduciary duty in connection with the proposed sale of Winn-Dixie Stores,...
Owner Trustee May be Held Liable for Denial of Benefits to Ex-Spouse
December 19, 2011 (PLANSPONSOR.com) – A federal court found the owner of a business, as trustee to its retirement plan,...
Wal-Mart and Merrill Lynch to Pay $13.5M for Excessive Fee Suit
According to Forbes, Wal-Mart and its retirement plan administrator (Merrill Lynch) allegedly breached their fiduciary duty for nearly two million...
Plan Administrator not Liable for Fiduciary’s Diversion of Assets
November 28, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Eastern District of Pennsylvania ruled a profit sharing plan...
NY Mets Owners Settle 401(k) Lawsuit
November 3, 2011 (PLANSPONSOR.com) – A firm run by owners of...