Browsing Tag
401(k) Litigation
248 posts
A New Door Has Opened in 401k Target Date Fund Lawsuits
The plaintiff’s bar is watching and will act in the next 2008-like debacle
September 14, 2022
Opinion: Are Oklahoma 401k Plans Helping to Destroy State’s Energy Business?
In this op-ed from Ok401k’s Terry Morgan, the author argues that many Oklahoma 401k participants may be unknowingly investing in companies that are against their best interest
September 12, 2022
SEC Bars Advisor for Federal Retirement Plan Rollover Fraud
Scheme persuaded hundreds of current and former federal employees to liquidate their Thrift Savings Plan accounts for high-commission variable annuities
September 2, 2022
Prison-Bound Financial Advisor Racked Up 37 Complaints in Two Years
Dubious 'achievements' in his young 33 years
August 31, 2022
‘Pharma Bro’ Fallout: 401k Funds Can Be Garnished
Second Circuit decision this week finds ERISA doesn’t shield the retirement funds of former Martin Shkreli lawyer Evan Greebel
August 26, 2022
‘Reckless’ Jerry Schlichter Slammed (Again) in Empower’s Win
He is 'personally liable for Defendants’ excess costs, expenses, and attorney fees,' according to the judge
August 23, 2022
Mastermind of $300 Million Ponzi Scheme Targeting Retirees Sentenced
The defendant and his co-conspirators contacted retirees experiencing financial distress, most of whom were military veterans
August 23, 2022
Shh! Victoria’s Secret Settles 401(k) Suit
The lawsuit alleged pricey fees and investment options in the $1.6 billion 401k plan
August 15, 2022
401k Cyber Theft Lawsuit Highlights Recordkeeper Procedures
We need a federal solution to protect participant accounts
July 20, 2022
90-Year-Old Morgan Stanley Advisor Allegedly Shoots Business Partner
The victim was transported to a local hospital expected to survive
July 5, 2022