401(k) Plans

Novitex Enterprise Solutions Retirement Plan Settlement

Exela Enterprise Solutions, Inc. and the Novitex Enterprise Solutions Employee Benefits Committee are settling a class action alleging that the two did not perform proper oversight of the former Novitex Enterprise Solutions Retirement Savings Plan, which was ended in December 2018 when its assets were merged with the Source HOV 401(k) Plan, forming the Exela  Read more

US Roche 401(k) Plan Breach of Fiduciary Duties Class Action

Now that 401(k) plans are the primary form of retirement savings in the US, participants are looking more closely at how employers and administrators manage plans. The complaint for this class action brings suit against Genentech, Inc., the US Roche DC Fiduciary Committee (or Administrative Committee), and the individual committee members, alleging that the US  Read more