The class-action lawsuit, filed on behalf of 60,000 plan participants, alleges that the airline failed to replace a “chronically underperforming” large-cap fund holding more than $2 billion in ...

Strategic ERISA (Employee Retirement Income Security Act) plan design and administration require more than just technical compliance—they call ...

JPMorgan Chase is being sued over its use of forfeited 401(k) assets. These assets are employer contributions that workers lose when they leave the company before being fully vested. The lead ...

A recent ruling by a U.S. District Court both validates Oklahoma law and fires a warning shot across the bow for the managers ...

The US Supreme Court heard argument on Wednesday, January 22, 2025 from Cornell University and its employees over dismissal of a class action ...

The state officials, which include treasurers, auditors and a comptroller, sent a letter Jan. 28 to Vince Micone, acting labor secretary, and SEC acting Chair Mark Uyeda asserting that action is ...

In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...

The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.

Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...