Cigna employees file a 401 (k) lawsuit, alleging misuse of forfeited funds The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar cases continue across the country.

Cigna hit with 2nd suit alleging misuse of 401 (k) forfeitures, now matching UnitedHealth’s 2 suits This week, Cigna was again sued for fiduciary violations for using forfeited funds to reduce ...

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 ...

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 ...

No court has yet ruled in favor of the plaintiffs on the merits of a forfeiture misuse allegation. Last week, the Cigna Group was hit with a lawsuit for allegedly misusing forfeited funds in its 401 ...

Tuesday in Manhattan, health insurance giant Cigna filed a 203-page lawsuit accusing BMS of using anticompetitive tactics to extend its market exclusivity of Pomalyst.

The nascent legal battle over how employers use forfeited money in their 401(k) plans has spurred more than a dozen early ...

The 401 (k) plan has become a common tool for building retirement assets, but it is only one piece in the retirement-income puzzle. The retirement-savings landscape continues to evolve.

A plaintiff alleges that ESG led to lower returns, but the case brought against American Airlines' defined-contribution plan might be more political than substantive.

Novel legal theories and a lower bar for plaintiffs could unleash an explosion in ERISA-based lawsuits against 401(k) plan providers.