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 ...

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

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

Cigna agreed to pay ... to settle a class-action lawsuit alleging the company prioritized its business relationship with Wells Fargo over concerns that its 401(k) plan contained low-performing ...

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 ...

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