News

Homeowners affected by the Palisades and Eaton wildfires in Los Angeles have sued the United Services Automobile Association ...
This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...
It is the latest in a series several dozen lawsuits alleging ERISA violations. It was filed in a U.S. District Court in Philadelphia on May 14 as Reven et al. vs. The Cigna Group 401(k ...
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 ...
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 ...
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 ...
Workplace retirement plans are facing a growing wave of class action lawsuits ... issues underlying the law or the statutes and bring novel causes of action,'" Maatman said. One such novel theory ...
One such novel theory concerns the way that employers use forfeited 401(k) funds in their plans. Over the past year, numerous ERISA class action lawsuits have taken aim at how 401(k) plan sponsors ...
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 ...
Erisa laid the foundation for retirement security, but more laws will bolster it in the years to come A lawsuit brought by ... retirement plans like the 401(k) and 403(b) are protected under ...