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Complaint Targets Waters Corp. 401(k) Plan, Board, Benefits Panel

Complaint Targets Waters Corp. 401(k) Plan, Board, Benefits Panel
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Judge green lights ERISA suit alleging excessive fees

A class of retirees could proceed with claims that their former employer is liable under the Employee Retirement Income Security Act for failing to discharge its fiduciary duties to contain administrative and recordkeeping costs charged to the participants of the company’s retirement plans, a federal judge has decided. The plaintiffs are participants in two pension ....

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ESOP Plan Faces Retirement Records Lawsuit

When a former worker at medical technology company BD sought distribution of his vested and accrued retirement assets, the firm said it had no record of his individual account. ....

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