BMO received a complaint alleging its plan committee breached ERISA by using forfeited plan assets to benefit the company, not participants. BMO Financial Corp., a division of North America’s ...

Union benefit funds are taking on major insurers in New York federal court, alleging millions are owed on surety bonds after ...

A federal judge in the Central District of California dismissed the claim that the plan sponsor’s use of forfeited assets violated ERISA. A federal judge has dismissed a class action complaint ...

While admitting that the plan document permitted the choice between offsetting employer contributions or administrative expenses, the suit asserts a conflict of interest on the part of plan ...

A dispute over a seafood company’s employee stock ownership plan was properly rejected under a unique ERISA rule applied by the Eleventh Circuit, but two of the court’s judges want to see that rule ...

It’s become a tricky thing for advisors to navigate: giving advice to clients about rolling over their retirement plan assets into IRAs while also staying within bounds of various compliance ...

The U.S. Supreme Court on Oct. 4 announced it would hear oral arguments on an 8-year-old lawsuit by current and former members of two Cornell University 403(b) plans who allege the plans’ arrangements ...