Lead Plaintiff Group in BofA Suit over Merrill Deal Files Amended Suit
September 29, 2009 (PLANSPONSOR.com) - The lead plaintiff group in the pending class action lawsuit against the Bank of America...
Tag: Litigation
PBGC Sued by Delphi Retirees
September 15, 2009 (PLANSPONSOR.com) - A group of Delphi Corp. salaried retirees filed a lawsuit September 14 against the Pension...
Merrill Settlement with Ohio STRS Gets Final Approval
September 9, 2009 (PLANSPONSOR.com) - Ohio Attorney General Richard Cordray announced that the $475-million settlement between the State Teachers Retirement...
MA Gets $8M Settlement over Madoff Investments
September 8, 2009 (PLANSPONSOR.com) - Massachusetts Secretary of State William Galvin's office has settled for $8 million with financial swindler...
Judge Rejects Free Speech Shield for Credit Raters
September 4, 2009 (PLANSPONSOR.com) - A federal judge in New York has rebuffed efforts by two credit rating agencies to...
Reserve Primary Fund Lawsuits Consolidated
August 27, 2009 (PLANSPONSOR.com) - A federal judge on Wednesday combined 12 lawsuits over the failed Reserve Primary Fund, Reuters...
BofA Settles Merrill Fraud Suit for $150M
August 25, 2009 (PLANSPONSOR.com) - Bank of America (BofA) will pay $150 million to settle a class-action lawsuit against Merrill...
Judge Upholds 404(c) Shield for Trustee
August 21, 2009 (PLANSPONSOR.com) - A retirement plan trustee was protected by ERISA's 404(c) safe harbor shield against a lawsuit...
Ohio Pension Fund Settles with Ex-AIG CEO Greenberg for $115M
August 18, 2009 (PLANSPONSOR.com) - Former American International Group (AIG) CEO Maurice R. "Hank" Greenberg and other AIG executives have...
Cuomo Schwab Suit over ARS Sales Expected this Week
August 17, 2009 (PLANSPONSOR.com) - Andrew Cuomo, the New York state Attorney General, is likely to file suit as soon...
Foundation Seeks $30M from Merrill over Madoff Investments
August 13, 2009 (PLANSPONSOR.com) - A South Florida foundation has hit Merrill Lynch with a lawsuit over allegations the investment...
9th Circuit Affirms Reimbursement of Benefits for Fraudulent Bene
August 7, 2009 (PLANSPONSOR.com) - The 9th U.S. Circuit Court of Appeals has affirmed a lower court's decision that that...
Pension Funds Lose Effort to Stop Chrysler Sale
August 6, 2009 (PLANSPONSOR.com) - The 2nd U.S. Circuit Court of Appeals has decided that a U.S. Bankruptcy Court judge...
GE to Pay $50M for Accounting Fraud
August 4, 2009 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) filed civil fraud and other charges against General Electric...
Q209 Securities Cases on Downslope
August 3, 2009 (PLANSPONSOR.com) - Securities lawyers were not quite as busy during the second quarter of 2009 as lawsuits...
Credit Rating Agencies Face Second Lawsuit by Public Pension Fund
July 30, 2009 (PLANSPONSOR.com) - A second state pension plan has sued the top credit rating agencies for misleading investors...
NJ Sues Merrill over Pension Money Lost in Stock Deal
July 29, 2009 (PLANSPONSOR.com) - New Jersey Attorney General Anne Milgram has filed a lawsuit against Merrill Lynch & Co....
Benefits |
Utah Hospital Says Setting up 401(k) Was a Mistake
July 27, 2009 (PLANSPONSOR.com) - Kane County (Utah) Hospital employees whose 401(k) retirement plan accounts have been frozen by the...
Securities Class Actions Plummet in Mid-2009
July 20, 2009 (PLANSPONSOR.com) - The number of federal securities class action cases filed in the first six months of...
Elimination of Pensioner Death Benefit Did not Violate ERISA
July 20, 2009 (PLANSPONSOR.com) - The 10th U.S. Circuit Court of Appeals has upheld a district court's ruling that Qwest...