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The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...
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 ...
The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...
A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.
Participants in Monster Beverage Corp.'s $213 million 401(k) plan advanced their proposed class action challenging the plan’s ...
Parker-Hannifin Corp. employees challenging their 401(k) investment options urged the US Supreme Court not to review the ...
Four current and former UnitedHealth employees are suing the insurer for allegedly using 401(k) forfeiture funds to pay the corporate match.
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