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 ...
The United States Department of Labor (DOL) has released Field Assistance Bulletin 2025-01 (the Bulletin), providing ...
The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan ...
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.
A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...
Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...
Northern Trust Co.'s $6.9 million class settlement over the in-house target date funds in its employees’ 401(k) plan received initial approval from a Chicago federal judge.