Browsing Tag
401(k) Litigation
248 posts
Ameritas 401(k) Faces ERISA Suit
Three former employees allege Ameritas failed to review the plan's investment portfolio to ensure proper performance and cost
DST 401(k) Plan Fiduciaries On Hook for $125 Million in ERISA Settlement
Department of Labor announces “extraordinary” settlement in case where more than 9,000 participants suffered large losses due to plan’s lack of diversified investments
DC’s Fiduciary Pulse
To help them protect defined contribution retirement plans, independent ERISA attorneys like those at Groom Law Group keep a finger on the pulse of policy developments in Washington D.C.
American Airlines Pilot Sues Company 401(k) Over ‘Woke’ ESG Investing
Proposed class action claims airline’s retirement plan is filled with investments that pursue “leftist political agendas” through environmental, social, and corporate governance strategies
5 Trends Creating Opportunity for 401(k) Advisors: Broadridge Fi360 Solutions
Capital Group’s Jonathan Young says it’s a great time to be a retirement plan advisor
Live Nation Entertainment 401(k) Subject of Lawsuit Alleging Excessive Fees
Two former employees allege the $769 million plan is plagued by high-cost investments and an overly risky and underperforming stable value fund
The Arbitrability of ERISA Claims
Plan sponsors are increasingly deploying arbitration clauses in plan documents and employment agreements, but the enforceability of these clauses remains very much up in the air
Coalition of 25 States Sue Biden Administration on ESG Final Rule
25 states are listed in a lawsuit challenging the DOL final rule that allows fiduciaries to consider ESG factors in 401(k) investments
401k Plans Still on Trial: Even if You Hire BlackRock
Sadly, we live in a world where if you are a large plan sponsor, you are a target, says Josh Cohen of PGIM DC Solutions
Business Owners Owe $2M+ in DOL Fiduciary Breach Case
Department of Labor investigation, litigation result in settlement after Interarch Inc. 401k fiduciaries severely mismanaged plan assets