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

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

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

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 ...

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

Workplace retirement plans are facing a growing wave of class action lawsuits under the Employee Retirement Income Security Act (ERISA), pushing employers to evaluate the policies that dictate how 401 ...