While another major health insurance company, Kaiser Foundation Health Plan, saw its 401(k) “forfeited funds” lawsuit dismissed earlier this month, Cigna was sued last week for similar ...

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

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 ...

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 ...

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

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company Intuit Inc. has reached a settlement after the court had allowed the case to ...

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