The defined contribution industry hopes the Supreme Court's decision to hear an ERISA case will provide more clarity for lower courts.
A lawsuit against Juniper Networks over the pricing of a managed account could lead to similar suits.
A federal judge dismissed a stock-drop lawsuit filed by DC plan participants against Kraft Heinz.
A U.S. District Court judge in New York has rejected a $79 million ERISA settlement involving participants in a DST Systems Inc. 401(k) plan.
Former participants allege that the medical institution and its fiduciaries failed to review the plan's investment portfolio with due care.
A participant in a 401(k) plan run by Juniper Networks sued the company and plan fiduciaries, alleging ERISA fiduciary breaches.
Participants in a 401(k) plan run by a successor to SeaWorld Parks & Entertainment filed suit, alleging a series of ERISA violations.
A federal judge rejected a petition to dismiss a lawsuit filed by former participants in an Amway 401(k) plan.
A judge ruled plaintiffs failed to make a case in their ERISA suit against PNC Financial Services Group and fiduciaries of its 401(k) plan.
A U.S. District Court judge rejected most arguments by Omnicom Group to dismiss an ERISA complaint alleging fiduciary breaches.
An appeals court upheld a decision by a District Court supporting two Great-West entities against claims the firms charged excessive fees.
Participants in two defined contribution plans sponsored by the University of Maryland Medical System have sued, citing fiduciary breaches.
T. Rowe Price Group agreed to settle an ERISA lawsuit involving its 401(k) plan for an undisclosed sum.
An appeals court upheld a federal judge's ruling rejecting a lawsuit that faulted American Airlines' management of a 401(k) plan.
Participants in a MetLife 401(k) plan argued in a suit that MetLife Group and others breached their fiduciary duties in managing the plan.
Koch Industries agreed to pay $4 million to settle allegations it allowed the record keeper of its DC plans to charge excessive fees.
Parties in an ERISA lawsuit targeting Land O'Lakes and the fiduciaries of its 401(k) plan are seeking to mediate the dispute.
Participants of 401(k) plans sponsored by AAA subsidiaries sued the affiliates, claiming breaches in fiduciary duties related to ERISA.
Lincolnshire (Ill.) Police Pension Fund sued Emergent BioSolutions, alleging fiduciary breaches in operating a COVID-19 vaccine plant.
Some ERISA attorneys are using a Supreme Court ruling in a DB-plan case to seek dismissal of DC lawsuits — with little success so far.
Shares of Fannie Mae and Freddie Mac cratered after the Supreme Court ruled the Federal Housing Finance Agency did not exceed its authority.
A federal judge granted a dismissal on some but not all allegations of ERISA violations against Genentech and its Roche subsidiary.
A participant in a 401(k) plan run by Generac Power Systems Inc. sued the company and plan fiduciaries alleging ERISA violations.
A District Court judge denied a motion to dismiss a class-action lawsuit against Estee Lauder, alleging ERISA violations in the 401(k) plan.
A District Court judge issued a split opinion on an ERISA lawsuit filed by former employees of B. Braun Medical Inc.