Last month, Edleson Lechtzin LLP won another success in the battle against companies that breach their fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA). We brought the class action against CDI Corporation last year on behalf of two of...
June 23, 2021, St. Louis, Missouri – Current and former employees of Washington University in St. Louis have filed a Reply Brief in further support of their motion for class certification in their lawsuit against their fiduciaries of University’s 403(b) retirement...
June 8, 2021, New York, NY – U.S. District Judge Jesse Furman rejected a motion to dismiss an ERISA class action lawsuit pursued by five current and former employees of Estee Lauder Inc. Plaintiffs argue that they fell victim to unreasonably high fees associated with...
Edelson Lechtzin LLP is pleased to announce that Co-Managing Partner, Eric Lechtzin, has been selected for Super Lawyers 2021. This marks Mr. Lechtzin’s 5th consecutive selection in the area of Class Action and Mass Torts in Pennsylvania. Being recognized as a Super...
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
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...
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...
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...
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...
is investigating whether certain securities brokerage entities violated the Employee Retirement Income Security Act (“ERISA”) by failing to pay deferred compensation to brokers after he or she leaves a company that had a plan that deferred...