fbpx
Milliman Logo

Milliman Retirement Plan Underperforming Investments Class Action

Those in charge of company retirement plans are considered fiduciaries of those plans, and they have the duties of loyalty and prudence to plan participants. One of the things they must do is monitor the investment options offered in the plan. This class action brings suit against Milliman, Inc., its Board of Directors, and the  Read more

Employment
Retirement Plans, Investments, ERISA Violations
FedEx Truck and Delivery Worker

FedEx Disability Harassment and New York Labor Law Violations Class Action

This class action brings suit against Federal Express Corporation for violations of New York Labor Law (NYLL) and also of New York City Human Rights Law (NYCHRL). The allegations involve not paying employees the required four-hour minimum for any day they clocked in to work and not paying them wages for all hours worked. The  Read more

Employment
Failure to Pay Reporting Time Pay, Failure to Pay All Wages Due, Employment Violations, Disability Discrimination
Kaleida Health Gates Vascular Insitute

Kaleida Health Pension Plan Conversion Benefit Losses ERISA Class Action

This class action, brought under the Employee Retirement Income Security Act (ERISA), concerns a conversion of pension benefit plans. The complaint alleges that the defendants—Kaleida Health, Kaleida Health Pension Growth Plan, Kaleida Health Retirement Plan Committee, and Kaleida Health’s Board of Directors—did not properly calculate the account conversions, so that some employees lost significant amounts  Read more

Employment
Retirement Plans, Retirement Plan Changes, ERISA Violations
Coins and Bills in Jar Labeled "Retirement"

De Paola Trading Profit Sharing Plan Distributions Class Action

De Paola Trading, Inc., a broker-dealer, offers a Profit Sharing Plan, an employee benefit plan to which the company contributes. De Paola and its president and CEO, Peter de Paola, are the defendants in this class action. The complaint claims they have breached their fiduciary duties to the plan and violated the Employee Retirement Income  Read more

Employment
Retirement Plans, Incomplete payment of benefits due, ERISA, Delay in Payment of Benefits Due, Compliance
West Monroe Chicago Office

West Monroe Employee Stock Plan Undervalued Shares ERISA Class Action

Some companies, like West Monroe Partners, Inc., offers an Employee Stock Ownership Plan (ESOP) as a retirement plan. When employees leave the company, it buys back its stock from them, allowing them to cash out. This class action brings suit against West Monroe, its Board of Directors, its Benefits Committee, and the plan’s trustee, Argent  Read more

Employment
Stock Losses, Retirement Plans, ERISA Violations, Employment Violations
Interior of Nokia North America Headquarters

Nokia Savings 401(k) Plan Breach of Fiduciary Duties Class Action

The Employee Retirement Income Security Act (ERISA) imposes certain duties on those who are responsible for retirement plans, like the Nokia Savings/401(k) Plan. This class action brings suit against Nokia of America, its Board of Directors and its members during the class period, and the Nokia 401(k) Committee and its members during the class period.  Read more

Employment
Retirement Plans, ERISA Violations, Breach of Fiduciary Duty
Clock, Stairstep Pile of Coins, and Money in a Jar Labeled "Retirement"

Delta Air Lines Retirement Plans Conversion Factors ERISA Class Action

This class action sues Delta Air Lines, Inc., the Administrative Committee of Delta Airlines, Inc., and three individuals on that committee for its calculation of joint and survivor annuity benefits for some of its retirement plans. The complaint claims that the benefits are not “actuarially equivalent,” as required by the Employee Retirement Income Security Act  Read more

Employment
Retirement Plans, Incomplete payment of benefits due, ERISA Violations, ERISA
Exelon Nuclear Power Facilities

Exelon Retirement Plan Breach of Fiduciary Duties ERISA Class Action

Exelon Corporation generates energy, then sells or distributes it. This class action brings suit against the company, its Board of Directors, its corporate investment committee, and various individuals, alleging that these defendants breached their fiduciary duties of prudence and loyalty to the Exelon Corporation Employee Savings Plan, a retirement plan governed by the Employee Retirement  Read more

Employment
Retirement Plans, ERISA, Employment Violations, Breach of Fiduciary Duty
United Plane in Flight Above Clouds

United Airlines Promises to Retirees About Early-Out Programs Class Action

During business downturns, some companies have offered employees special arrangements for early retirements. This class action brings suit against United Airlines, Inc. in regard to its Voluntary Separation Leave (VSL) Program. The complaint alleges that the company gave employees certain assurances about early retirements and then did not keep its promises. It claims that United  Read more

Employment
ERISA Violations, Employment Violations, Early Retirement Programs, Changes to Retirement Terms
Front of Kroger Store

Kroger 401(k) Plan Breach of Fiduciary Duty on Fees ERISA Class Action

Like many large companies, the Kroger Company has a retirement plan for its employees. The Kroger 401(k) Retirement Savings Account Plan is governed by the Employee Retirement Income Savings Act (ERISA), which is meant to protect the beneficiaries of the plan. This class action brings suit against Kroger and its Board of Directors, alleging they  Read more

Employment
Excessive Fees, ERISA Violations, Employment Violations, Breach of Fiduciary Duty