In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are ...
There have been 25 cases where plan sponsors have been sued over their right to use forfeitures to reduce employer contributions. 7 cases have ...
Our Unclaimed Property and Employee Benefits & Executive Compensation teams delve into the Department of Labor’s temporary ERISA enforcement ...
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 ...
A recent ruling by a U.S. District Court both validates Oklahoma law and fires a warning shot across the bow for the managers ...
The ERISA Industry Committee, along with two other industry groups, is seeking the dismissal of the drugmaker’s PRT ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...
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.
A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...
Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...