The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another ...

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

Prudential Retirement Insurance and Annuity Co. and Cigna Corp. have agreed to pay ... who has tackled other plan sponsors in a number of 401(k) lawsuits, winning settlements for participants ...

Following the sudden departure of its CEO, the health insurer is now facing an employee lawsuit, alleging UnitedHealth ...

The Cigna Group is the latest multinational accused of violating its duties to its retirement plan participants by using forfeited funds to reduce employer contributions to its plan, a new proposed ...

But that apparently isn't the case at a lot of 401(k) workplace retirement plans. Unhappiness over high fees, inappropriate investment options and other issues have led to a spike in lawsuits in ...