A federal judge allowed claims against AllianzGI over mismanagement in an enhanced return strategy to move forward.
CDI Corp. agreed to a $1.8 million settlement of a class-action ERISA lawsuit against the company alleging it violated its fiduciary duties.
Lowe's Cos. settled a suit by a participant in its 401(k) plan who alleged breaches of fiduciary duties in offering an investment option.
Participants in a Humana 401(k) plan filed a class-action lawsuit against the company, claiming fiduciary breaches under ERISA.
Participants allege Bronson Healthcare breached its fiduciary duties in the investment options offered and fees charged in its 403(b) plan.
Sterling Bancorp agreed to pay $12.5 million to settle a class-action lawsuit filed by the Oklahoma Police Pension & Retirement System.
A 401(k) plan participant has filed a class-action lawsuit against retailer L Brands Inc., alleging breach of fiduciary duties.