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

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

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 ...

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

Workplace retirement plans are facing a growing wave of class action lawsuits ... issues underlying the law or the statutes and bring novel causes of action,'" Maatman said. One such novel theory ...

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 ...

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

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

An examination of recent litigation under the Employee Retirement Income Security Act of 1974 (ERISA) challenging allegedly ...