Browsing Tag
401(k) Litigation
252 posts
Key Takeaways to Consider in Wake of American Airlines ESG Opinion
Judge’s recent decision in landmark case gives plenty for plan fiduciaries, sponsors and advisors to think about moving forward
January 30, 2025
Southwest 401(k) Hit with Lawsuit for Underperforming Fund
Suit filed Tuesday alleges airline failed to replace a “chronically underperforming fund” holding over $2 billion in retirement plan assets
January 29, 2025
Groups Urge Supreme Court to Clarify ERISA Litigation Pleading Standards to Combat Surge in Frivolous Suits
Amicus briefs filed asking Court to affirm Second Circuit judgment in Cunningham v. Cornell University which will be heard on Jan. 22
January 10, 2025
UnitedHealth Group Agrees to Historic $69 Million 401(k) ERISA Settlement
Amount believed to be largest ever for an ERISA case about poorly performing investment options in a 401(k) plan
December 13, 2024
$61 Million Settlement Finalized in GE ERISA Case
Final approval announced today marks largest settlement ever in an ERISA case alleging a retirement plan improperly offered proprietary funds
March 8, 2024
7 Key Takeaways from 2023 Excess Fee and Performance Litigation
Euclid Fiduciary’s Daniel Aronowitz recently released his annual report on ERISA class action litigation
January 16, 2024
‘Most Viewed’ Articles of 2023 Driven by 7 Topics
A look back at what subjects resonated most with 401(k) Specialist readers over the past year
December 28, 2023
ESG Issues Continue to Make Headlines
Groom Law’s George Sepsakos and Jake Eigner describe regulatory and political developments in the ever-shifting environmental, social and governance landscape
October 10, 2023
American Airlines Pushes Back on Amended ESG Complaint
The airline is asking the court to dismiss the former pilot's amended complaint with prejudice
September 18, 2023
American Airlines Pilot Maintains Claims in Amended 401(k) Complaint
The pilot doubled down on his claims that American Airlines prioritized ESG funds, after the airline filed a motion to dismiss
August 30, 2023