Gregoire Tournant pleaded not guilty to five criminal charges related to the collapse of Allianz hedge funds that cost investors billions.

A judge dismissed an ERISA complaint against Capital One Financial by a 401(k) plan participant who alleged ERISA violations.

Goldman Sachs Group agreed to a $79.5 million settlement in a lawsuit filed by Fulton County Employees' Retirement System over the 1MDB bribery scheme.

Delaware Chancery Court ruled in favor of Elon Musk and the Tesla board in a suit alleging a fiduciary breach in the SolarCity acquisition.

Three more pension funds announced they had reached settlements with Allianz Global Investors over losses in the firm's Structured Alpha strategies.

Archegos Capital Management founder Bill Hwang and CFO Patrick Halligan were arrested and charged with fraud in the latest fallout for the firm.

Roger Ng, the only Goldman Sachs banker to go to trial over the 1MDB scandal, was found guilty for his role in the looting of the Malaysian fund.

A federal court judge rejected most of PNC Financial's motion to dismiss an ERISA complaint brought by participants in a company 401(k) plan.

A federal judge dismissed a class-action lawsuit alleging 10 banks conspired to suppress competition in the U.S. Treasury securities market.

A judge dismissed an ERISA lawsuit against USI Insurance Services, saying the plaintiff didn't support her claims with appropriate data.

Capital One said a lawsuit against its 401(k) plan should be dismissed because the complaint rests on circumstantial assertions.

Three retail investors in a Vanguard target-date fund series sued, alleging that a change caused them to incur unwanted capital gains taxes.

Infinity Q Capital Management faces a class-action suit alleging securities law violations and inflating its assets under management.

Allianz Group created a fund to cover its expected settlements over the 2020 collapse of its Structured Alpha funds.

The SEC filed a complaint against the founder and former CIO of Infinity Q Capital Management, claiming he overvalued assets.

A federal judge rejected efforts by the fiduciaries of Wood Group U.S. Holdings and others to dismiss an ERISA lawsuit.

Credit Suisse agreed to pay $81 million to settle its portion of a lawsuit filed by three pension funds alleging collusion in the stock loan market.

A trade group filed suit against the Labor Department, claiming it issued new investment advice guidance without seeking public comment.

Supreme Court told sponsors to monitor every plan investment but gave no road map for lower courts to decide if complaints should be heard.

A federal court judge rejected an effort to dismiss allegations by former employees in an ERISA lawsuit against two TriNet 401(k) plans.

Bronson Healthcare Group Inc. agreed to pay $3 million to settle claims by two former participants that plan fiduciaries violated ERISA.

T. Rowe Price Group agreed to pay $7 million to settle a complaint by a participant in the company's 401(k) plan alleging ERISA violations.

Former employees of Rollins Inc. sued the company and fiduciaries of its 401(k) plan, alleging multiple ERISA violations.

Supreme Court justices weigh ERISA's requirements for whether lower courts should dismiss a complaint or permit it to go to trial.

UnitedHealth Group was denied a motion to dismiss a lawsuit by a 401(k) participant alleging breach of ERISA in its target-date funds.