The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

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 ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

One such novel theory concerns the way that employers use forfeited 401(k) funds in their plans. Over the past year, numerous ERISA class action lawsuits have taken aim at how 401(k) plan sponsors ...