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Smith & Nephew Inc. got a partial win in a dispute over its employees’ 401(k) plan, when a federal magistrate judge ...
The US Labor Department’s support of employers in the litigation wave targeting how they handle 401(k) plan forfeitures ...
The U.S. Department of Labor has thrown its weight behind HP Inc. in a closely watched 401(k) forfeiture lawsuit, urging the ...
"Given the infancy of these novel theories and a largely unsettled legal landscape, it is paramount for plan sponsors and ...
Cigna Hit with Second Suit Alleging Misuse of 401 (k) Forfeitures This week, Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...
Cigna hit with 2nd suit alleging misuse of 401 (k) forfeitures, now matching UnitedHealth’s 2 suits This week, Cigna was again sued for fiduciary violations for using forfeited funds to reduce ...
A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar cases continue across the country.
Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures. The lawsuit alleges Cigna used unvested employee contributions to reduce ...
UBS Joins List of 50 Firms Facing Lawsuits over Misuse of 401 (k) ‘Forfeited Funds’ This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the ...
Cigna Group faces allegations of unlawfully prioritizing its own financial interests over those of its 401(k) plan participants, according to a putative class action filed Tuesday in the U.S. District ...
Cigna employees file a 401 (k) lawsuit, alleging misuse of forfeited funds The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...
While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another ...
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