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Schlichter, Bogard & Denton, on Behalf of Cigna 401(K) Plan Participants, Settles Excessive Fee Lawsuit for $35 Million June 21, 2013 04:58 PM Eastern Daylight Time. ST. LOUIS-- ...
Participants in a Cigna Corp. 401(k) plan have reached a preliminary agreement with the company and several other defendants to settle a class-action suit in which the participants had alleged a ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Schlichter Bogard & Denton says it has won a $35 million settlement in a lawsuit that accused Cigna Corp. of charging ...
Another week, another Adams v. Goliath story in the world of ERISA litigation—and this time, Goliath is Cigna. The company is now facing its ...
Schlichter, Bogard & Denton, a St. Louis-based law firm, said it reached a tentative settlement with Cigna Corporation and Prudential Retirement Insurance and Annuity Company (PRIAC) in the case of ...
The lawsuit alleges that Cigna worked with a drug-benefit middleman to drain J&J financial-assistance funds. ... UnitedHealth agrees to $69M settlement in lawsuit over ‘low-performing’ 401(k ...
A third driver of lawsuits is "self-dealing" allegations. Simply put, companies offering 401(k) plans, and the investment firms they hire, are required to put the interests of workers above their own.
401(k) lawsuits are on the rise, with a record number of lawsuits in 2020. Hefty fees, expensive options with low returns, limited investment options, and draconian terms attached to the 401(k) ...
A third driver of lawsuits is "self-dealing" allegations. Simply put, companies offering 401(k) plans, and the investment firms they hire, are required to put the interests of workers above their own.
Plan sponsors of 401(k) defined-contribution plans aren't strangers to litigation over investment options, but a new set of lawsuits focused on past performance could lead to chasing top ...
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