Archdiocese of San Juan Asks Supreme Court to Weigh In on Pension Plan Judgement
The Archdiocese says since it was ordered to pay $4.7 million to teachers whose pension plan was terminated, officials have...
Tag: retirement plan litigation
403(b) Participants Denied Second Attempt to Sue Georgetown University
A federal court judge found that participants in two retirement plans sponsored by Georgetown University filed their motion for leave...
Supreme Court Denies Chevron Stable Value ERISA Litigation Review
Specifically, the petition for writ of certiorari asked the Supreme Court to answer the question: “In pleading a breach of...
Severance Agreement Bars Former Employee From Suing Over ESOP
A federal court judge cited a 5th U.S. Circuit Court of Appeals decision in Chaplin v. NationsCredit Corp. that concluded,...
An ERISA Litigation Conversation with Jerry Schlichter
Retirement plan investment and recordkeeping fees have fallen in the last 10 years, but ERISA litigator Jerry Schlichter says there...
Supreme Court Sees Four Appeals of ERISA Cases
ERISA attorney Marcia Wagner gives her take on the retirement plan lawsuits that have recently been appealed to the Supreme...
Small 401(k) Plan Faces Excessive Fee Lawsuit
The less than $250 million plan is accused of failing to employ a prudent and loyal process in evaluating investment...
Amended Complaint Coming in Neuberger Berman ERISA Suit
The judge determined that the plaintiffs’ allegations sufficiently suggest the prospect that a fiduciary breach occurred, and as a result...
Third-Party Litigation Funders and ERISA Suits
ERISA attorneys say it is not common to see third parties providing financial support to litigants in the retirement plan...
Former Hospital Employees Sue Archdiocese Over Pension Plan
The case is similar to other cases that have been filed on the federal level challenging a pension’s “church plan”...
Eaton Vance Self-Dealing Lawsuit Settled
Though the contention in the lawsuit was over Eaton Vance’s use of mostly proprietary funds in its 401(k) plan, the...
Appellate Court Revives UPenn 403(b) Lawsuit
However, in a dissenting opinion, Senior Judge Jane Richards Roth says cases such as this one should be carefully scrutinized...
Ruling in ERISA Case Lets Adviser Partly off the Hook
A mixed-bag district court ruling in Colorado closely examines the investment policy statements and contracts which governed the relationship between...
Parties in Dignity Health Church Plan Lawsuit Announce Agreement to Settle
The case made it to the Supreme Court, which ruled plans maintained by principal-purpose organizations can qualify as “church plans;”...
Appellate Court Affirms City National’s Liability in Self-Dealing Suit
However, the 9th U.S. Circuit Court of Appeals did remand back to a district court the calculation of interest on...
BTG International Subject to ERISA Revenue Sharing Suit
The complaint suggests defendants “larded the plan with excessively expensive sub-advised accounts” that paid excessive fees to the recordkeeper John...
Settlement Details Provided in Vanderbilt 403(b) Plan Lawsuit
Aside from monetary relief, the settlement calls for Vanderbilt to issue a request for proposals (RFP) for a new recordkeeper...
Multiemployer 401(k) Plan Settles Excessive Fee Suit
The union plan’s board of trustees has agreed to pay $8.75 million and issue a request for proposals for recordkeeping...
Court Denies Summary Judgement in SafeWay ERISA Lawsuits
The court has ruled that the litigation can proceed to trial because SafeWay’s summary dismissal argument that the plaintiffs’ case...
CIGNA Faces New Allegations in Long-Standing ‘Plan Reformation’ Suit
Plaintiffs in the case allege that CIGNA is not following new calculations ordered by a federal court to remedy its...