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

A federal judge in Minneapolis said Thursday he would approve a $69 million settlement in a class action lawsuit alleging UnitedHealth Group depressed the retirement savings of workers for years by ...

Five years after paying $10 million to settle a suit making similar claims, a trade association representing about 900 local ...

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 ...

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, ...

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

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing employer ...

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 ...

While another major health insurance company, Kaiser Foundation Health Plan, saw its 401(k) “forfeited funds” lawsuit dismissed earlier this month, Cigna was sued last week for similar ...