Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

A federal judge in Minneapolis said Thursday he would approve a $69 million settlement in a class action lawsuit alleging ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar ...

Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures.

Cigna Group mismanages its employees’ 401(k) plan by using the money forfeited by departing workers for its own benefit, ...

This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...

As workers face growing worries about inflation or a potential recession, they are reducing their contributions to retirement plans, according to a new survey from Morgan Stanley. The firm found ...

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing employer ...

With worries growing about inflation or a looming recession, workers are reducing their contributions to retirement plans, according to a new survey from Morgan Stanley. In a poll of 1,000 working ...

Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Canopy Growth had incurred ...