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

The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

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.

Following the sudden departure of its CEO, the health insurer is now facing an employee lawsuit, alleging UnitedHealth reduced its employer contributions to the 401(k) plan by more than $19 million by ...

The Cigna Group is the latest multinational accused of violating its duties to its retirement plan participants by using forfeited funds to reduce employer contributions to its plan, a new proposed ...

Workplace retirement plans are facing a growing wave of class action lawsuits ... issues underlying the law or the statutes and bring novel causes of action,'" Maatman said. One such novel theory ...

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 ...