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This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...
The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they leave an employer before they are fully vested. For the Cigna plan, ...
While another major health insurance company, Kaiser Foundation Health Plan, saw its 401(k) “forfeited funds” lawsuit dismissed earlier this month, Cigna was sued last week for similar ...
While lawsuits ... funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another company has reached a settlement agreement. The Cigna Group is the latest ...
Prudential Retirement Insurance and Annuity Co. and Cigna Corp. have agreed to pay ... who has tackled other plan sponsors in a number of 401(k) lawsuits, winning settlements for participants ...
filed April 28 in U.S. District Court for the District of Minnesota, accuses UnitedHealth Group and the administrative committee for the UnitedHealth Group 401(k) Savings Plan of breaching ... value ...
But that apparently isn't the case at a lot of 401(k) workplace retirement plans. Unhappiness over high fees, inappropriate investment options and other issues have led to a spike in lawsuits in ...
has dismissed an ERISA lawsuit against Massachusetts ... long to sue over some issues and was restricted in pursuing other issues due to a previous MassMutual 401(k) plan settlement in which ...
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This 401(k) lawsuit showcases the power of a 50-year-old lawA lawsuit brought by Cornell University staff ... Employer-sponsored retirement plans like the 401(k) and 403(b) are protected under the Employee Retirement Income Security Act of 1974, known ...
But that apparently isn't the case at a lot of 401(k) workplace retirement plans. Unhappiness over high fees, inappropriate investment options and other issues have led to a spike in lawsuits in ...
Plaintiffs in a lawsuit seeking class action certification have claimed the plan sponsor breached fiduciary duties to 401(k) plan participants. Former employees have filed a lawsuit seeking class ...
This class action suit is one of 50 suits filed in the past two years by employees challenging how employers use the ...
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