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

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

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 ...

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 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 ...

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 ...

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company Intuit Inc. has reached a settlement after the court had allowed the case to ...

The suit, filed by participant-plaintiffs Amanda Reven and Antoinette Argentine (who are represented by Capozzi Adler PC), allege that the plan’s fiduciary, The Cigna Group 401(k) Plan Retirement ...

It’s the latest in a surge of lawsuits for the beleaguered health care giant, and the company has denied the allegations.

UBS AG was hit with a proposed class action saying the financial company mismanages its employees’ 401(k) plan by using ...

Sutherland Global Services Inc. plans to settle a lawsuit over its 401(k) plan fees and investment options after defeating plan participants’ request to have the case certified as a class action.