Browsing Tag
Settlement
20 posts
Boeing Holds Firm on No Return to Pensions in Strike Negotiations
Vote on latest deal—which doesn’t include restoration of pension plan—is set for Monday
Boeing Contract Vote Could Hinge on Improved 401(k) vs. Restored Pension
Aerospace giant sweetens offer to end strike with better 401(k) benefits but many Machinists holding out for unlikely return of pension plan
$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
UAW Strike Settlements: No Comeback for Pensions, But 401(k)s Get Big Boost
Ford, Stellantis and GM union members to get 10% employer contribution to defined contribution plan as result of strike-ending deals
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
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…
Why 401(k) Advisors Should Be Concerned By Latest Schlichter Settlement
A condition buried in the recent settlement of a lawsuit brought against Vanderbilt University by famed fiduciary breach…
Boeing to Pay $57 Million in Latest 401(k) Lawsuit Settlement
Boeing comes in for a hard landing. The plane-building mega-giant has agreed to pay $57 million to end a…
Court Approves $27.5 Million Settlement in Ameriprise 401(k) Fee Case
Like the smart students who win all the year-end awards, Schlichter, Bogard & Denton announced last week that…
Court Approves $62 Million Lockheed Martin 401(k) Settlement
Plan sponsors and retirement plan advisors felt a disturbance in the force last week as news came that…