Konica Minolta Business Solutions U.S.A., Inc., is unable to duck a proposed class action accusing it of breaching its fiduciary duties in managing the company’s 401(k) retirement plan
Nationwide Class Action Law Firm
Month: May 2021
What are common ways that fiduciaries breach their ERISA duties?
When your employer offers you 401(k) and 403(b) plans, the Employee Retirement Income Security Act of 1974, or ERISA, requires both your employers and their fiduciaries to use good judgment about how to protect that money. Fiduciaries are only allowed to act in the...
Stantec Consulting Services Can’t Escape ERISA Breach of Fiduciary Duty Class Action
Phoenix, AZ, May 18, 2021 – Stantec Consulting Services, Inc. must face a proposed class action accusing it of breaching its fiduciary duties in managing the company’s 401(k) retirement plan, an Arizona federal judge ruled on Tuesday. U.S. District Judge G. Murray...
The U.S. Court of Appeals for the Second Circuit Finds That Plaintiffs Have Standing To Sue Over The Late Filing Of Loan Satisfaction Documents
May 10, 2021, New York, NY – In a groundbreaking opinion, the Second Circuit found for the first time that individuals have standing to sue under Article III of the U.S. Constitution for the violation of a legal interest created by a state statute. Edelson Lechtzin...
Pennsylvania casino settles wage lawsuit for $6 million
When an employer does not pay what they should, then the employees may choose to file a lawsuit to obtain that necessary compensation. This recently happened when a wage lawsuit hit the Poarch Band-owned casino in Pennsylvania. According to the news report, the...