ERISA Violations

Washington University in St. Louis Retirement Plan ERISA Settlement

This settlement resolves a class action about the Washington University in St. Louis Retirement Savings Plan, brought against Washington University in St. Louis, its Board of Trustees, the Washington University in St. Louis Retirement Plan Advisory Committee and Plan Administration Committee, and the university’s Executive Vice Chancellor and Chief Administrative Officer.  Read more

Adventist Health Plan Must Meet ERISA Requirements, Says Class Action

When is a company’s employee health plan governed by the Employee Retirement Income Security Act (ERISA)? Adventist Health System West (AHW), which does business as Adventist Health offers the Adventist Health Employee Medical Plan—Engaged!, which it claims is a church plan and does not fall under ERISA. The complaint brings suit against the complaint, the  Read more

Linear Technology Retirement Plan Settlement

Analog Devices, Inc. is settling a class action as the successor to Linear Technology Corporation, Linear Technology, LLC, and Linear Technology Administrative Committee, about the former Linear Technology 401(k) Plan. The complaint alleged the defendants violated the Employee Retirement Income Security Act (ERISA) and their own duties as plan fiduciaries, by not managing the plan  Read more

WBBQ Employee Stock Ownership Plan Prohibited Transactions ERISA Class Action

This class action concerns a company retirement plan, the WBBQ Employee Stock Ownership Plan (ESOP) that owns stock in W BBQ Holdings, Inc. The complaint alleges that the ESOP trustee, Argent Trust Company, and the company’s controlling managers and shareholders, Herbert, Gregor, and Stuart Wetanson, have violated ERISA by engaging in prohibited transactions and breaching  Read more

Russelectric ESOP Shares Sold at Less Than Fair Market Value ERISA Class Action

Towards the end of his life, the founder of Russelectric, Inc., Raymond Russell, gave 30% of his company stock to its employees as a retirement benefit, through the Russelectric Inc. Employee Stock Ownership Plan (ESOP). However, the complaint alleges, after Russell died, “the company, at the direction and for the benefit of the founder’s heirs,  Read more

Packaging Corporation of America 401(k) Plan Fiduciary Duty ERISA Class Action

This class action concerns the Packaging Corporation of America Retirement Savings Plan for Salaried Employees. The complaint names the company (PCA), its Board of Directors, and its Benefits Administration Committee as defendants, alleging that they violated the Employee Retirement Income Security Act (ERISA) by letting the plan pay high recordkeeping and administrative fees, and by  Read more

Dartmouth-Hitchcock Retirement Plans Breach of Fiduciary Duty Class Action

The Dartmouth-Hitchcock Retirement Plan and the Dartmouth-Hitchcock Employee Investment Plan are governed by the Employee Retirement Income Security Act (ERISA). This class action brings suit for those it says owe fiduciary duties to these plans, including Dartmouth-Hitchcock Clinic, its Board of Trustees, its Administrative Investment Oversight Committee, and the members of the Board and Committee  Read more

L3Harris Retirement Plan Breach of Fiduciary Duties ERISA Class Action

The fiduciary duties of loyalty and prudence have been called “the highest known to the law.” This class action brings suit for breach of these duties against L3Harris Technologies, Inc., its Board of Directors, the Investment Committee of L3Harris Technologies, and the committee’s members. The complaint alleges that these defendants did not monitor the costs  Read more

Raytheon Retirement Plan Changes and Benefit Payouts ERISA Class Action

This class action concerns retirement benefits, bringing suit against Raytheon Company, the Raytheon Bargaining Retirement Plan, and the plan’s administrator. The complaint alleges that these defendants changed rules for the plan without notice to the participants and did not pay out the full benefits that plan members who had a temporary separation from the company  Read more

Vi-Jon Prohibited Transaction for Employee Stock Ownership Plan Class Action

The complaint for this class action brings suit under the Employee Retirement Income Security Act (ERISA) on behalf of the Vi-Jon Employee Stock Ownership Plan (ESOP). The complaint alleges that the defendants in this case conducted a prohibited transaction that violated ERISA and damage the ESOP’s participants. The defendants are the parties who participated in  Read more