Tag: retirement plan litigation

The case, which challenges the use of an actively managed TDF suite rather than its index version, will move forward.

The text of the new complaint closely resembles others from the increasingly well-known law firm Capozzi Adler, which has filed...

A federal judge determined participant data is not considered plan assets, meaning Fidelity was not a fiduciary with regard to...

More claims were moved forward for the investment consultant than for the plan sponsor.

The underlying lawsuit questions fees paid by participants in BlackRock’s own retirement plan.

The lawsuit takes particular issue with the use of higher-cost share classes and revenue sharing.

The firms allegedly provided a comprehensive set of pension plan termination services to a hospital system client that, according to...

The complaint suggests USI and its officers have not operated the company’s retirement plan benefit prudently or loyally.

Plaintiffs say the failure to issue an effective RFP for recordkeeping and a rebranding process for investments led to additional...

The settlement comes with a $5.75 million price tag to be split between the plan sponsor defendant and its financial...

Since there were no clear administrative remedies for fiduciary breaches spelled out in plan documents, a federal judge rejected the...

The lawsuit alleges that a preference for proprietary investments led to excessive fees and the continuation of underperforming investments in...

The parties are asking a judge to approve the settlement, which includes monetary and non-monetary terms.

Even cases that allege potential wrongdoing on the part of a service provider are often targeted exclusively at the plan...

The text of the settlement agreement and its accompanying exhibitory documents stretches to nearly 300 pages, underscoring the complexity of...

There are so many arguments back and forth in a case alleging imprudence in investment choices for Lowe’s 401(k) plan...

Though he expressed doubt about plaintiffs’ path to victory in the lawsuit, a federal judge determined they met the minimum...

The appellate court found a lower court erred in denying the plaintiffs’ leave to amend their complaint, meaning the case...

The mixed ruling comes in response to the Land O’Lakes defendants’ motion to dismiss the suit based on a lack...

The court rejected claims in the amended complaint that Abbott’s decision to hire Alight Solutions, another defendant in the case,...