Retirement Plan Mismanagement

Fujitsu Group Defined Contribution and 401(k) Plan Settlement

This settlement resolves a class action against Fujitsu Technology and Business of America, Inc. Shepher Kaplan, LLC, and others with a fiduciary relationship with the Fujitsu Group Defined Contribution and 401(k) Plan. The class action claimed that the defendants did not prudently control costs and manage investments in the best interests of the plan’s participants  Read more

NCR ERISA Denial of Retirement Benefits Class Action

The complaint alleges NCR made changes in the plan over time concerning the definition of credited service and the requirements for vesting in the plan. The complaint also alleges that NCR attempted to find other ways to remove its obligations to employees and retirees.  Read more

Deutsche Bank Fiduciary Breach ERISA Class Action

This class action lawsuit alleges that Deutsche Bank Americas Holding Corp. and other fiduciaries of the Deutsche Bank Matched Savings Plan breached duties imposed by the Employee Retirement Income Security Act (ERISA) by engaging in prohibited transactions and unlawful self-dealing with regard to selecting investments, to the the detriment of the Plan, its participants and  Read more

Reliance Trust/Insperity ERISA Class Action Lawsuit

This class action lawsuit alleges that Reliance Trust Company, Insperity and related entities breached fiduciary duties owed to participants and beneficiaries of an ERISA-covered 401(k) plan by allowing payment of unreasonable administrative and recordkeeping fees, payment of unreasonable investment management fees, using low-yielding money market funds without considering other options, failing to monitor fiduciaries and  Read more

MetLife ERISA Retirement Plan Fiduciary Breach Class Action

This class action lawsuit alleges that Metropolitan Life Insurance Company ("MetLife") breached its fiduciary duties to ERISA-covered retirement plan clients by failing to disclose key information including the manner in which it sets the internal "crediting rate" used to distribute capital investment income to their accounts.  Read more

Novant Health Excessive Employee Plan Fees Class Action

Novant Health is the target of a class action lawsuit that contends the company charged employees excessive fees in their contribution plans that went to third-party service providers.  Read more

Novant Health Excessive Employee Plan Fees Class Action

Novant Health is the target of a class action lawsuit that contends the company charged employees excessive fees in their contribution plans that went to third-party service providers.  Read more

Novant Health Excessive Employee Plan Fees Class Action

Novant Health is the target of a class action lawsuit that contends the company charged employees excessive fees in their contribution plans that went to third-party service providers.  Read more

Novant Health Excessive Employee Plan Fees Class Action

Novant Health is the target of a class action lawsuit that contends the company charged employees excessive fees in their contribution plans that went to third-party service providers.  Read more