Our Unclaimed Property and Employee Benefits & Executive Compensation teams delve into the Department of Labor’s temporary ERISA enforcement ...
Many employer-sponsored defined contributions plans, including 401(k) profit sharing plans and money purchase pension plans ...
Abernathy Daley 401k Consultants says more than 600,000 American companies could be at potential risk of fines, legal penalties, and fiduciary failure.
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...
The class-action lawsuit, filed on behalf of 60,000 plan participants, alleges that the airline failed to replace a “chronically underperforming” large-cap fund holding more than $2 billion in ...
The U.S. Supreme Court has postponed further deliberations on Cunningham v. Cornell University until February 21, 2025. The ...
In an amicus brief, several advocacy groups warned that letting the lawsuit proceed past a motion to dismiss could open the ...
Wesco Distribution Inc. has agreed to pay $2.25 million to 401 (k) plan participants who accused the company and its ...