Browsing Tag
401(k) Litigation
249 posts
SEC Stops Alleged Senior Annuity Scam
The Securities and Exchange Commission announced an emergency filing and temporary restraining order against a registered investment advisor…
401(k) Coronavirus Concerns for Human Resources Departments
The Coronavirus/Covid-19 pandemic will have a significant and negative impact on our industry. As a business owner, you…
Coronavirus Concerns For 401k Plan Sponsors
Like the housing bubble break, the coronavirus outbreak (COVID-19) is another challenge for us all. As a 401k-plan…
Salesforce Sued For 401k Fiduciary Breach
Salesforce is the latest target of a class-action suit filed on behalf of plan participants alleging a fiduciary…
Schlichter Wins $12 Million Settlement in Oracle 401k Case
Looks like famed retirement plan litigator Jerry Schlichter has done it again. A $12 million settlement has been…
Supreme Court Strikes Intel Argument in 401k Fiduciary Claims Case
Employers can’t shorten the allowable timeline in which participants can sue in a fiduciary breach case simply by…
Brotherston v. Putnam’s Far Reaching 401k Fallout
In the case of Brotherston v. Putnam Investments, LLC, No. 17-1711 (1st Cir. 2018), the First Circuit Court…
Schlichter Sues Shell, Fidelity in 401k Fiduciary Breach
Jerry Schlichter has Shell Oil in his sights. The tort lawyer made famous for bringing suits against plan…
Exec Sentenced for Stealing 401k Funds
One impediment to retirement saving is the (often) mistaken belief that the boss will defer funds from payroll…
Former NFL Player and Merrill Rep Gets 40 Years in Retirement Fraud
A former high school and college football star who played for the NFL’s Philadelphia Eagles was sentenced in…