Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their ... a settlement agreement. The Cigna Group is the latest company ...

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing employer ...

This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...

It is the latest in a series several dozen lawsuits alleging ERISA violations. It was filed in a U.S. District Court in Philadelphia on May 14 as Reven et al. vs. The Cigna Group 401(k ...

Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures.

has added claims about the misuse of plan forfeitures. The suit, filed by participant-plaintiffs Amanda Reven and Antoinette Argentine (who are represented by Capozzi Adler PC), allege that the plan’s ...

Cigna Group mismanages its employees’ 401(k) plan by using the money forfeited by departing workers for its own benefit, ...

It’s the latest in a surge of lawsuits for the beleaguered health care giant, and the company has denied the allegations.