The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.

Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

The U.S. Supreme Court has postponed further deliberations on Cunningham v. Cornell University until February 21, 2025. The ...

There has been a recent uptick in ERISA class actions challenging the use of 401(k) plan forfeitures. Forfeitures are employer contributions ...

The ERISA Industry Committee, along with two other industry groups, is seeking the dismissal of the drugmaker’s PRT lawsuit ...

The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...

ERIC argues the final rule goes beyond the authority federal officials have under the mental health parity law’s authority.

ORLANDO, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Upchurch Watson White & Max (UWWM) is pleased to announce that Edmund T. "Ed" Baxa Jr. has joined the firm as a mediator, bringing with him extensive ...

Northern Trust Co.'s $6.9 million class settlement over the in-house target date funds in its employees’ 401(k) plan received initial approval from a Chicago federal judge.