DoL Sues Trustees over Company Stock Purchases
December 31, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor is suing the trustees and other fiduciaries of the employee...
Tag: Litigation
Montana Supreme Court Turns Away Pension Shutoff Appeal
December 7, 2009 (PLANSPONSOR.com) – Two months after they upheld a $21.5-million jury award in a long-running pension benefit termination...
Verizon Charged with Involuntary Transfer of Retiree Pension Accounts
December 2, 2009 (PLANSPONSOR.com) - Verizon retirees have filed a complaint for violations of the Employee Retirement Income Security Act...
Appellate Court Blesses Excessive Fee Suit Dismissal
December 2, 2009 (PLANSPONSOR.com) – A federal appellate court’s to-the-point ruling in an excessive fee case involving United Technologies Corp....
Administrator Charged with Embezzling Tens of Millions from Benefit Plans
December 1, 2009 (PLANSPONSOR.com) – Melissa G. King, controlling owner of King Care LLC, has been charged with embezzling tens...
Opinions |
IMHO: The Benefits of the Doubt
Those who were wondering when—or perhaps if—the issues raised in those revenue-sharing lawsuits would ever actually be tried...
Court Finds Certification Pay Should Have Been Used in Pension Calculations
November 30, 2009 (PLANSPONSOR.com) – A Florida court has determined that police and firefighters' certification pay should have been included...
Court Limits Wachovia's Defenses in Suit over Mortgage-backed Investments
November 27, 2009 (PLANSPONSOR.com) – A federal court has limited the affirmative defenses Wachovia Bank may assert in suit brought...
8th Circuit Says Wal-Mart 401(k) Suit Requires Further Discussion
November 27, 2009 (PLANSPONSOR.com) – The 8th U.S. Circuit Court of Appeals has vacated a district court's dismissal of a...
Tyco Stock Drop Settlement Gets Court OK
November 25, 2009 (PLANSPONSOR.com) – A federal judge in New Hampshire has given final approval of a $70.5-million settlement of...
Companies under Criminal Investigation May Retain Counsel for Employees
November 25, 2009 (PLANSPONSOR.com) – The New Jersey Supreme Court has ruled that companies under criminal investigation may -- subject...
Lawsuit Deal Clears Path for Xerox-ACS Merger
November 23, 2009 (PLANSPONSOR.com) – Xerox Corporation and Affiliated Computer Services Inc. have resolved claims made in a consolidated lawsuit...
Ohio AG Sues Rating Agencies
November 20, 2009 (PLANSPONSOR.com) - Ohio Attorney General Richard Cordray has filed a lawsuit against Standard & Poor’s, Moody’s, and...
Oregon Settles with Oppenheimer on 529 Plan Losses
November 20, 2009 (PLANSPONSOR.com) - The state of Oregon has reached a $20-million settlement with MassMutual Financial Group's OppenheimerFunds Inc....
Opinions |
IMHO: Tractor “Trailer”
About a week ago, Caterpillar agreed to a $16.5 million settlement of one of those allegedly excessive fee/revenue-sharing...
Court Rejects State Street's Settlement Do-Over Request
October 30, 2009 (PLANSPONSOR.com) - A federal judge in New York has turned away a request by lawyers from State...
Pension Fund Sues over ACS, Xerox Merger
October 27, 2009 (PLANSPONSOR.com) - The City of St. Clair Shores (Michigan) Police and Fire Retirement System is challenging as...
CA Charges State Street for 'Unconscionable Fraud' against Pension Funds
October 20, 2009 (PLANSPONSOR.com) - California Attorney General Edmund G. Brown, Jr. has accused State Street Bank and Trust of...
Benefits |
Law Firms Circle Another Potential Stock Drop Case
October 19, 2009 (PLANSPONSOR.com) - Last week the legal profession was circling around another potential stock drop case.
Q3 Securities Litigation Driven by New Charges
October 15, 2009 (PLANSPONSOR.com) - The third quarter saw a robust 169 new securities lawsuits filed, but the credit crisis...