Jacklyn Wille

An appeal challenging how Wells Fargo & Co. handles 401(k) forfeitures looked shaky Wednesday, when a panel of Eighth Circuit judges debated whether the case failed on the merits or for lack of standing.

Holman Automotive Group Inc. was hit with a proposed class action alleging its retirement plan wrongly includes a suite of target-date funds that carry excessive and unnecessary fees.

A woman who sued UnitedHealthcare Insurance Co. for failing to fully cover a procedure related to an earlier weight-loss surgery won her appeal in the US Court of Appeals for the Ninth Circuit.

Specialty chemical supplier Solenis LLC is the latest employer to be hit with a proposed class action challenging the American Century Investments target-date funds in its employees' 401(k) plan.

Three participants in Franklin Templeton's 401(k) plan advanced their lawsuit claiming the plan was filled with in-house funds that performed poorly while charging high fees.

Medical device maker Insulet Corp. asked a federal judge to dismiss a proposed class action challenging the American Century Investments target-date funds in its retirement plan, calling the allegations against it “woefully insufficient.”

A class action challenging how Trader Joe's Co. manages its retirement plan is barreling toward trial after a federal judge denied the retailer's bid for victory on key claims.

Long Island Community Hospital agreed to a class-wide settlement with former hospital workers who said their retirement plan offered pricey investments and a poorly performing stable value fund.

Pension actuaries have flexibility to calculate the liability of withdrawing employers using methods adopted after the date set by law, the US Supreme Court held Thursday, ruling against companies that raised concerns about unpredictable and inflated bills.

Third Circuit judges weighing how Honeywell International Inc. and Siemens Corp. handled forfeited 401(k) money appeared fractured during Wednesday arguments, with two members of the three-judge panel showing willingness to revive the cases.