UnitedHealth Group has been served with two lawsuits from different plaintiffs and different law firms with the same ...

The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

UnitedHealth Group Inc. was sued by a participant in its 401(k) plan who says the health-care giant mismanages the plan by ...

Following the sudden departure of its CEO, the health insurer is now facing an employee lawsuit, alleging UnitedHealth ...

The plaintiffs include four current and former employees who intend to represent more than 250,000 plan participants.

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.” ...

One such novel theory concerns the way that employers use forfeited 401(k) funds in their plans. Over the past year, numerous ERISA class action lawsuits have taken aim at how 401(k) plan sponsors ...

Workplace retirement plans are facing a growing wave of class action lawsuits under the Employee Retirement Income Security Act (ERISA), pushing employers to evaluate the policies that dictate how 401 ...