Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar ...

This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...

It is the latest in a series several dozen lawsuits alleging ERISA violations. It was filed in a U.S. District Court in Philadelphia on May 14 as Reven et al. vs. The Cigna Group 401(k ...

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing ... Employee Retirement Income Security Act lawsuits against plan sponsors. Most ...

Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures.

Cigna Group mismanages its employees’ 401(k) plan by using the money forfeited by departing workers for its own benefit, ...

A federal judge in Los Angeles has dismissed a lawsuit by a participant in a J.P. Morgan Chase & Co. 401(k) plan who accused ...

A group of plaintiffs suing UnitedHealth over the fund selections in its 401(k) plan is seeking final approval for a $69 million settlement.

UnitedHealth Group improperly uses workers’ funds to reduce its own 401(k) contributions, according to a lawsuit against the nation’s largest health insurer that is seeking class-action status.