Several investor groups filed a complaint in U.S. District Court to vacate the SEC's shareholder proposal rule.
Citadel Securities reached a settlement in a lawsuit with a British hedge fund manager over the attempted hiring of a senior trader.
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.
Leon Black defamed a woman by calling their relationship a "consensual affair" and claiming she'd extorted money from him, a lawsuit says.
A New York court reinstated two of three claims previously dismissed by a lower court in a case brought by ex-TCW employee Sara Tirschwell.
Participants in a Humana 401(k) plan filed a class-action lawsuit against the company, claiming fiduciary breaches under ERISA.
A federal court rebuffed an attempt by Wells Fargo and others to dismiss an ERISA complaint filed by a participant in a company 401(k) plan.
Participants allege Bronson Healthcare breached its fiduciary duties in the investment options offered and fees charged in its 403(b) plan.
After successfully recouping more than $3 billion from Goldman Sachs and other firms, Malaysia's 1MDB is casting a wider net.
A court denied a request for an injunction to halt Owl Rock Capital Partners' $12.5 billion merger with Dyal Capital Partners and a SPAC.
Sterling Bancorp agreed to pay $12.5 million to settle a class-action lawsuit filed by the Oklahoma Police Pension & Retirement System.
St. Clair Shores Police and Fire Retirement filed a lawsuit against Credit Suisse related to its Greensill and Archegos relationships.
A judge's ruling in favor of Principal Life Insurance Co. said it didn't violate ERISA in its adminstration of a group annuity contract.
A federal court issued a divided opinion on claims from participants in a Schneider Electric retirement plan regarding ERISA violations.
A federal court judge rejected a request by Magna International of America to dismiss a lawsuit filed by former 401(k) plan participants.
Shareholders' rights to pursue securities fraud class actions based on corporate misstatements were the focus of Supreme Court arguments.
In an argument set for March 29, Goldman Sachs will urge the court to put new limits on class-action shareholder suits.
A participant in a 401(k) plan run by USI Insurance Services sued the company and fiduciaries alleging ERISA violations.
PIMCO denied all claims leveled in a lawsuit by five current and former female employees claiming discrimination and other employment issues.
Participants in a multiple-employer 401(k) plan sued several defendants, alleging ERISA violations, including high-fee investment options.
Greensill Capital filed for administration in the U.K., capping a stunning collapse for the company after key backers walked away.
A federal judge rejected for the second time a petition by BBVA Compass Bancshares to throw out an ERISA complaint.
A former participant in a 401(k) plan run by Principal Life Insurance says the company failed to provide better investment choices.
Golub Capital is asking a judge to block a deal that would result in part owner Dyal merging with an arch rival to form Blue Owl.